Cadillac Announces Issuance of Shares for Debt

TORONTO, ONTARIO--(Marketwired - Aug. 24, 2015) - Cadillac Ventures Inc. (TSX VENTURE:CDC)(OTC:CADIF) ("Cadillac" or the "Company") announced today it has agreed to settle obligations of $372,830 owed to vendors for services rendered to the Company by issuing 7,456,600 common shares of Cadillac at an agreed upon price of $0.05 per common share. The expiry date of the hold period for the common shares issued is December 25, 2015.

Neither 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.