CAVAN FINANCING June 15 th, 2017, VANCOUVER, B.C. – CAVAN VENTURES INC. (V:CVN.H) (“Cavan” or the "Company”) announces that it has arranged a non-brokered private placement of 11 million units ("Units") at a price of $0.05 per Unit for aggregate gross proceeds of $550,000.00 (the "Offering"). Each

6364153.1

Suite 1240 – 789 W. Pender St., Vancouver, BC V6C 1H2

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

CAVAN FINANCING

June 15 th, 2017, VANCOUVER, B.C. – CAVAN VENTURES INC. (V:CVN.H) (“Cavan” or the

"Company”) announces that it has arranged a non-brokered private placement of 11 million units

("Units") at a price of $0.05 per Unit for aggregate gross proceeds of $550,000.00 (the "Offering"). Each

Unit will be comprised of one common share ("Shar e") and one Share purchase warrant of the Company

("Warrant"). Each Warrant will entitle the Subscr iber to purchase one Warrant Share for a 12 month

period after the Closing Date at an exercise price of $0.075 per share. Proceeds raised from the Offering

will be used for general working capital and towa rds exploration on the Company’s Kaslo Property

located in the Slocan Mining District, 14 km northwest of the town of Kaslo in south-eastern British

Columbia, Canada. Finders' fees may be payable on the private placement, subject to the policies of the

TSX Venture Exchange.

This offering is subject to TSX Venture Exchange acceptance.

The Company is currently evaluating certain mineral projects in Canada for possible acquisition.

Cavan Venture’s mission is to identify, acquire, and advance high potential mining prospects located in

North America for the benefit of its stakeholde rs. For more information visit the website at

www.cavanventuresinc.com.

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 forw ard-looking information that involves inherent risk

and uncertainty affecting the business of Cavan Vent ures 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 define d in the policies of the TSX Venture Exchange)

accepts responsibility for the adequacy or accuracy of this release.