Mr. Norman Brewster reports

CADILLAC VENTURES INC. ANNOUNCES CHANGE IN DIRECTORS

Lulu Yan has resigned as a director of Cadillac Ventures Inc.

The company thanks Ms. Yan for her contributions while being a director and wishes her success in her future endeavours.

Ms. Yan, pursuant to an agreement made as of March 4, 2013, between the company and Sino-Canada Resources Fund 1, was Sino-Canada's nominee on the company's board of directors. Sino-Canada has recommended Jianxiong Liu to be its nominee on the company's board of directors. Accordingly, the directors of the company have reviewed and appointed Mr. Liu to fill the vacancy.

Mr. Liu has more than 25 years of experience in financial advisory, asset management and private equity investment with industry coverage on consumer, pharmaceutical, hotel chains and technologies. Since 1987, Mr. Liu has worked in the financial sector with periods at Macdonald, Shymko & Co.; Merrill Lynch; China Railcom; China Parma/pham2b; Actis LLP; Mousse Partners; and Greenwoods Investment. Mr. Liu also served for two years as chief financial officer for China Railcom and China Parma/pham2b and two years as general manager of a private IT (information technology) company. Mr. Liu has had experience working in China, the Philippines, Thailand, the United States and Canada. Mr. Liu graduated with a BSc from Shanghai Jiao Tong University in 1987 and an MBA in finance from the University of British Columbia in 1992.