2012 News


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Cavan Ventures Financing

February 10, 2012

Vancouver, British Columbia - The Board of Directors of Cavan Ventures Inc. (TSX.V: CVN) ("Cavan") today announced that it has received a requisition pursuant to Section 167 of the British Columbia Business Corporations Act from three registered shareholders, which together are believed to hold approximately 5.8% of Cavan's outstanding registered common shares.

The requisitionists are Ming Chiang, the former director, Chairman, President and Chief Executive Officer of Cavan, and Streamline Printing Ltd. and AL Properties Ltd., of which Alex Chung-Wai Lau is the sole director and officer.

The meeting has been requisitioned for the purpose of removing the current Board of Directors of Cavan and electing a slate of directors to be proposed by the requisitionists. At this time, an alternative slate of directors has not been proposed by the requisitionists.

The Board will make a further announcement regarding its response to the requisition in due course.

Cavan Ventures Inc. is a junior exploration company actively seeking mineral opportunities for the benefit of all its stakeholders. For further information we invite you to visit us at www.cavanventures.com.

Peter P. Swistak, President

Telephone: 1-604-683-3995 Toll Free: 1-888-945-4770

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.

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