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File: Cascadia - News Releaseannouncing closing of private placement of 10,95....doc

CASCADIA CONSUMER ELECTRONICS CORP.
Suite 1552 - 701 West Georgia Street
Vancouver, British Columbia
V7Y 1C6

NEWS RELEASE
CASCADIA CONSUMER ELECTRONICS  ANNOUNCES CLOSING OF PRIVATE PLACEMENT
VANCOUVER, B.C. - November 27, 2015 - Cascadia Consumer Electronics Corp. (the "Company") (CSE: CK) is pleased to anno
--->unce that it has completed a private placement (the "Financing") of 10,951,400 (each, a "Unit") at a price of $0.075 p
--->er Unit for gross proceeds of $821,355.00.  Each Unit consists of one common share of the Company and one non-transfer
--->rable common share purchase warrant (each, a "Warrant").  Each Warrant will entitle the holder thereof to acquire one 
--->common share of the Company (each, a "Warrant Share") at a price of $0.10 per Warrant Share for a period of five years
---> from the closing of the Financing.  
All securities issued in connection with the Financing are subject to a statutory hold period expiring four months and
---> one day after the closing of the Financing.
The proceeds of the Financing are expected to be used by the Company towards general working capital and to explore bu
--->siness opportunities.
None of the securities issued have been registered under the United States Securities Act of 1933, as amended (the "19
--->33 Act"), and none of them may be offered or sold in the United States absent registration or an applicable exemption 
--->from the registration requirements of the 1933 Act. This press release shall not constitute an offer to sell or a soli
--->citation of an offer to buy nor shall there be any sale of the securities in any state where such offer, solicitation,
---> or sale would be unlawful. 
About Cascadia
Cascadia's primary business objective is to develop and operate the business of designing hardware and software and wo
--->rking with consumer electronics OEMs to bring interactive desktop display devices to connect with a multitude of globa
--->l users in home, institutions and office conference environments. Cascadia's business is to create and manage digital 
--->products and services that encourage consumer participation and active engagement with media and entertainment content
--->. These digital media products are designed to accommodate a variety of media and entertainment experiences, including
---> but not limited to television, movies, games and music.
For further information, please contact:
Cascadia Consumer Electronics Corp. Rong Yuan Director and Chief Executive Officer info@cascadiacorp.com
www.cascadiacorp.com
Disclaimer for Forward-Looking Information 
All statements, other than statements of historical fact, included herein are forward-looking statements that are subj
--->ect to risks and uncertainties. Forward-looking statements are often, but not always, identified by the use of words s
--->uch as "seek", "anticipate", "believe", "plan", "estimate", "expect", "likely" and "intend" and statements that an eve
--->nt or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions. Forward-l
--->ooking statements in this news release include statements regarding the expected use of proceeds from the Financing. F
--->orward-looking statements are subject to business and economic risks and uncertainties and other factors that could ca
--->use actual results of operations to differ materially from those contained in the forward-looking statements, includin
--->g, without limitation, adverse market conditions, that the Canadian Securities Exchange (the "CSE") may not approve th
--->e Financing and such other factors beyond the control of the Company.  Forward-looking statements are based on estimat
--->es and opinions of management at the date the statements are made. The Company does not undertake any obligation to up
--->date forward-looking statements except as required by applicable securities laws. Investors should not place undue rel
--->iance on forward-looking statements.

The CSE does not accept responsibility for the adequacy or accuracy of the contents of this news release.