Suite 1220, 789 West Pender St. Vancouver, British Columbia Phone: 604-683-3995/ Toll Free: 888-945-4770 / Fax: 604-683-3988

ASHBURTON COMMENCES DRILLING AT BUCKINGHAM

November 27th, 2015, VANCOUVER, B.C. - CAVAN VENTURES INC. (TSX-V:CVN) ('Cavan' or the

'Company') is pleased to announce that Ashburton Ventures Inc. ('Ashburton') has commenced the first phase drilling at the Buckingham Graphite Project located in Buckingham Township, Quebec. Ashburton has entered into an option agreement with Cavan and can acquire a 60% interest in Cavan's Buckingham Graphite Property (see Cavan's release, October 15, 2015). The drill program will consist of up to 2,000 metres of Diamond drill core and will be aimed at testing high priority targets in the southern area of the claims.

The Buckingham Graphite Property consists of 28 claims in Ranges VIII and IX, Buckingham Township, Quebec which cover an area of 1,683 hectares. Exploration on the southern part of the claim group has yielded assay results as high as 21.6% Cg (graphitic carbon) over 14.5 metres from channel samples and purity results up to 96.1% Ct (total carbon) from large flake fractions (see Cavan's releases, July 17, 2014 & May 28, 2015).

About the Buckingham Graphite Project

The Buckingham Graphite Project consists of 28 claims located in Ranges VIII and IX, Buckingham Township, Quebec and covers an area of 1,683 hectares. The property is located 1.7 kilometers north of the historic, producing Walker Graphite Mine and covers the northern extension of a graphitic zone beginning on CKR Carbon Corporation's Buckingham Property. Helicopter-borne magnetic and time-domain electromagnetic surveys confirmed a historic conductor, and further resolved a second parallel conductor to a length of 300 meters (see Cavan release, September 24, 2013). Historic airborne electromagnetic surveys have identified additional conductors striking over a large portion of the Buckingham Graphite Project.

The technical contents of this release were approved by Mr. Case Lewis, P.Geo., director of Ashburton and a qualified person as defined by National Instrument 43-101.

Cavan Venture's mission is to identify, acquire, and advance high potential mining prospects located in North America for the benefit of its stakeholders. For more information visit the website at www.cavanventuresinc.com.

ON BEHALF OF THE BOARD

Peter P. Swistak , President

FOR FURTHER INFORMATION PLEASE CONTACT:

Telephone: 1-604-683-3995

Toll Free: 1-888-945-4770

Forward-Looking Statement:

Some statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Cavan Ventures Inc. Actual results may differ materially from those currently anticipated in such statements. Neither the 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.