Cassius Ventures Ltd. (TSX VENTURE:CZ) (the "Company") is pleased to announce
the completion of a non-brokered private placement raising gross proceeds of
$970,000 by the issuance of 9,700,000 common shares at $0.10 per common share.


The Company paid no finder's fees in connection with the offering. The shares
issued in this private placement are subject to a hold period expiring October
29, 2012. The Company will use the proceeds from the sale of the common shares
for its continued development of the Nicaraguan Gold properties as well as for
general working capital purposes.


CASSIUS VENTURES LTD. (www.cassiusventures.com)

On behalf of the Board of Directors

John A. Thomas, P.Eng., CEO and President
Cassius Ventures Ltd (TSXV:CZ)
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