Cadillac provides update to its $7.0 million private placement financing
Cadillac Ventures Inc. (TSX VENTURE:CDC) ("Cadillac" or the "Company") announces an amendment to its brokered private placement financing announced on October 26, 2011. In addition to offering units ("Units") at a price of $0.21 per Unit, the Company will also offer flow-through units ("FT Units") at a price of $0.23 per FT Unit (as opposed to flow-through shares only as was announced on October 26, 2011) for aggregate gross proceeds of up to $7.0 million in any combination of Units and FT Units. A syndicate of agents led by NCP Northland Capital Partners Inc. and including Stifel Nicolaus Canada Inc. and Secutor Capital Management Corporation (the "Agents") will continue to act as agents for the financing.