Cache Acquires 100% of Rockbridge Minerals Inc.

Cache Exploration Inc. (TSXV:CAY) reports that it has completed the acquisition of 100% of the outstanding shares of Rockbridge Minerals Inc. (TSXV:RBE).

The press release is quoted as saying:

The agreement provided for the payment of the $275,000 by the issue of 1,100,000 units of Cache to RRI. Each unit consisted of one common share of Cache plus one full common share purchase warrant exercisable for twenty-four months to June 15, 2013. The warrants are exercisable at $0.30 to June 15, 2012 and at $0.40 to June 15, 2013. The common shares issued are subject to a legend ranging from 0 days up to 270 days from June 15, 2011.

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