Frankfurt Listed Stocks

[Tackler]

Cadiscor shares list on Frankfurt Stock Exchange

2006-09-11 16:27 ET - News Release

Mr. Michel Bouchard reports

CADISCOR SHARES LISTED ON THE FRANKFURT STOCK EXCHANGE

Cadiscor Resources Inc.'s shares now trade on Germany's Frankfurt Stock Exchange under the symbol DQN. The main market maker is RG Securities AG.

The FSE listing will provide Cadiscor with greater visibility for its activities in all European markets. In this regard, Cadiscor will begin a series of presentations in November, 2006, describing its objectives and projects to private and institutional European investors in Frankfurt, Munich, Zurich and Geneva. A research report on Cadiscor written by General Research GmbH will also be available shortly. It will present Cadiscor to German and European investors.

The company has retained Dresden Capital of Montreal, Que., as its investor relations consultant. The company carefully selected Dresden to help increase its exposure to institutional and retail investors. The agreement with Dresden is effective Sept. 6, 2006, and is subject to the approval of the TSX Venture Exchange. The agreement is for a 12-month term and may be terminated on 60 days notice. Dresden will be paid a monthly fee of $10,000 plus all preapproved expenses. Dresden holds no direct or indirect interest in the company or its securities.

The board of directors also approved today the granting of 1.45 million stock options to directors, officers and key personnel. Michel Bouchard, president, was granted one million stock options priced at $1 per share for a five-year term, with a maximum of 500,000 stock options exercisable in the first year. Five directors and five officers and key personnel were granted a total of 450,000 stock options priced at $1 per share for a five-year term. Cadiscor's closing share price on the TSX-V on the preceding day, Sept. 8, 2006, was 48.5 cents per share.