Cavan Announces Loan Agreement

Phone: 604-683-3995/ Toll Free: 888-945-4770/Fax: 604-683-3988

Cavan Announces Loan Agreement

April 11, 2013, Vancouver, B.C. – CAVAN VENTURES INC. (the “Company”) (CVN- TSX:V) is pleased to announce that is has entered into a loan agreement dated April 10, 2013 (the "Agreement") with an arm's length lender (the “Lender”) to borrow an aggregate of $100,000 (the “Loan”). The Loan bears an interest rate of 10% per annum, calculated semi-annually, and is due and payable on or before April 10, 2014.

Pursuant to the Agreement, and as additional consideration for the Loan, the Company will issue 400,000 common shares (the "Shares") in the capital of the Company to the Lender at a deemed value of $0.025 per Share. The Shares will be subject to a four month hold period.

The proceeds of the Loan will be used for a first phase of a drill program on the Company’s Pythonga Rare Earth property in Quebec.

The Agreement and the transactions contemplated therein are subject to TSX Venture Exchange approval.

ON BEHALF OF THE BOARD

Peter P. Swistak, President

FOR FURTHER INFORMATION PLEASE CONTACT:

Telephone: 1-604-683-3995 Toll Free: 1-888-945-4770

Forward-Looking Statement:

Some statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Cavan Ventures Inc. Actual results may differ materially from those currently anticipated in such statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.