Cavan Revises Flow Through Private Placement

6707182.1

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

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

CAVAN REVISES FLOW THROUGH PRIVATE PLACEMENT

November 17, 2017, VANCOUVER, B.C. – CAVAN VENTURES INC. (V:CVN.H) (“Cavan” or the

"Company”) announces that, due to restrictions under NEX policies, the Company will be revising its

previously announced non-brokered private placement of flow through units, such that only 4,878,000

flow through units (previously 8,000,000 flow through units) be offered at $0.10 per unit, for aggregate

gross proceeds of $487,000 (previously $800,000). Furthe r description of the flow through units can be

found in the Company's previous news release on October 16, 2017.

Proceeds raised from this Offering will also be used towards exploration expenditures on the Company’s

St. Onge mineral property located in the Lac-Sain t-Jean area in the Province of Quebec which was

announced on August 2, 2017.

The private placement is subject to the approval of the TSX Venture Exchange.

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 cont ain 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 TS X Venture

Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts res ponsibility

for the adequacy or accuracy of this release. \