Cascadero Copper Corporation board of directors announced, with great sadness, the death of William J. McWilliam, acting Chief Executive Officer and a Director of the Company. Bill was the Company's founder and its first Chief Executive Officer, and a long-time director. Bill's vision, hard work and optimism buoyed the Company as it sought opportunities in a challenging business environment.

The Board's thoughts are with Bill's family at this difficult time. The Board has appointed Brian Causey, the Company's acting Chief Financial Officer and a Director, as acting Chief Executive Officer. Mr. Causey will continue to also serve the Company in such capacities.