CAO Cadiscor Resources Com Npv

Cadiscor Resources Inc. ("Cadiscor")(TSX VENTURE: CAO)(FRANKFURT: DQN) announced today that its board of directors has authorized the deregistration and termination of the Company's reporting obligations under Sections 13(a) and 15(d) of the Securities Exchange Act of 1934 (the "Exchange Act"). The deregistration is expected to substantially reduce the Company's regulatory compliance costs while maintaining the liquidity of its common shares through the two principal stock markets on which the shares trade, the TSX Venture Exchange ("TSX-V") and the Frankfurt Stock Exchange in Germany.

The Company never listed its shares on any U.S. stock exchange and considers that the Company derives very little benefit from continuing to comply with additional regulatory requirements in the U.S.

The Company's board of directors made this decision based on its assessment that: (a) continued compliance with the rules of the US Securities and Exchange Commission (the "SEC") in filing additionally quarterly Forms 10Q and annually Form 10K for smaller reporting company and the Exchange Act, in particular Section 404 of the Sarbanes-Oxley Act of 2002, would be excessively burdensome for the Company relative to the limited benefits it might realize from such compliance, and (b) less than 300 shareholders of the Company are residents in the U.S hold less than 5% of the share capital of the Company and � all investors of its common shares are protected by applicable Canadian securities legislation principally the Autorite des marches financiers (Quebec Securities Commission), the Alberta Securities Commission, the Ontario Securities Commission and the British Columbia Securities Commission and the Company's listing on, and continued compliance with the rules of, the TSX Venture Exchange.

In accordance with the applicable SEC rules, the Company intends to promptly file a Form 15F with the SEC to deregister and terminate its reporting obligations under the Exchange Act. Upon the filing of the Form 15F the Company's reporting obligations under the Exchange Act will immediately be suspended. Deregistration will be effective 90 days after the filing. The Company reserves the right to withdraw the filing of the Form 15F for any reason prior to its effectiveness.

The Company will post on its website at www.cadiscor.com links to all information that it has made or is required to make public on www.sedar.com and www.sedi.ca under Canadian laws and stock exchange rules, filed or required to be filed with the TSX-V or distributed or required to be distributed to shareholders, in each case promptly after such information is required to be made public.

The TSX Venture Exchange did not review or accept responsibility for the adequacy or accuracy of this news release.

Forward-Looking Statements

This press release contains forward-looking statements subject to certain risks and uncertainties. There can be no assurance that these statements will prove to be correct, and actual results and future events could differ materially from those implied by such statements. These risks and uncertainties are discussed in the annual report filed with the securities commissions of Alberta, British Columbia, Ontario and Quebec.

THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contacts: Cadiscor Resources Inc. Michel Bouchard, President 450-449-0066 mbouchard@cadiscor.com Cadiscor Resources Inc. Linda Plante, Investor Relations 450-449-0066 lplante@cadiscor.com www.cadiscor.com