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CCD.V ·

Cascadero Copper Corporation has granted 2,600,000 stock options with an exercise price of $0.12 per

Share Capital & Compensation

DECEMBER 23rd 2011

(CCD: TSX-V)

Cascadero Copper Corporation has granted 2,600,000 stock options with an exercise price of $0.12 per share with expiry dates between one and five years to directors and consultants of the Company.

Bill McWilliam President Phone 604-924-5504 Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.