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CCD.V ·

Cascadero Appoints Dr. George Gale as Interim Chief Executive Officer

Management Changes

September 10, 2020 (CCD: TSX-V)

CASCADERO APPOINTS DR. GEORGE GALE AS

INTERIM CHIEF EXECUTIVE OFFICER

Vancouver, BC, CANADA, September 10, 2020 – CASCADERO COPPER CORPORATION (the

"Company") is pleased to announce that Dr. George Gale has been appointed as Chief Executive

Officer of the Company effective September 10, 2020, to serve on an interim basis while the

Company continues its search for a permanent Chief Executive Officer. Dr. Gale continues to

also serve as Chairman of the Board.

In addition, the Company announces that it has today filed on SEDAR its unaudited interim

financial statements for the period ended May 31, 2020, the related management’s discussion

and analysis, and officer certifications (collectively the ”Q2 2020 documents”). As previously

announced, due to delays caused by COVID-19, the Company had relied on BC Instrument 51-

517 – Temporary Exemption from Certain Corporate Finance Requirements with Deadlines during

the Period from June 2 to August 31, 2020 (and similar exemptions provided by other relevant

Canadian securities regulators) to delay the filing of its Q2 2020 documents. The exemption had

provided the Company with an additional 45 days from the usual 60-day deadline of July 30, 2020

to complete its second quarter statutory filings.

As required by the conditions of the extension, the Company’s management and other insiders

were subject to a trading black-out that reflected the principles in Section 9 of National Policy 11-

207 – Failure to File Cease Trade Orders and Revocations in Multiple Jurisdictions, which expired

upon filing of the Q2 2020 documents.

For more information, contact:

Lorne Harder

Director & Interim CFO

Phone: (604) 985-3327

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.