Cascadero Issues Bonus Warrants to Related Party

July 21, 2020 (CCD: TSX-V)

CASCADERO ISSUES BONUS WARRANTS TO RELATED PARTY

Vancouver, BC, Canada, July 21, 2020 – Cascadero Copper Corporation ("Cascadero")

is pleased to announce that it has received TSX Venture Exchange acceptance for the

bonus warrants as part of the loan transaction announced on July 7, 2020 in which

Cascadero obtained a non-interest bearing, unsecured loan of $200,000 (the “Loan”) from

Mr. Lorne Harder, Chief Financial Officer, Corporate Secretary and a Director of

Cascadero, through his wholly-owned company, Springhill Investments Ltd. (“Springhill”).

As a condition of the Loan, on July 21, 2020, Cascadero issued to Springhill 8,000,000

warrants, each warrant is exercisable for one common share of Cascadero at an exercise

price of $0.025 per common share (the “Bonus Warrants”). The Bonus Warrants will

expire one year from issuance on July 21, 2021. The Bonus Warrants will be subject to

a hold period of four months and a day from the date of issuance, ending on November

22, 2020. The issuance of the Bonus Warrants is exempt from prospectus requirements

based on the exemption set out under Section 2.5 of National Instrument 45- 106 –

Prospectus Exemptions as Mr. Harder is a director and executive officer of Cascadero.

For more information, contact:

Mr. Christopher Ecclestone

President/CEO

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.