FORM 51-102F3

MATERIAL CHANGE REPORT

Item 1 Name and Address of Company

Cadillac Ventures Inc.

360 Bay Street, Suite 500
Toronto, Ontario
M5H 2V6

Item 2 Date of Material Change

April 29, 2008

Item 3 News Release

A press release with respect to the material change described herein was issued on
April 30, 2008 via the CNQ Disclosure Network, Toronto, Ontario, and filed on
Sedar.

Item 4 Summary of Material Change

Cadillac Ventures Inc. (“Cadillac”) closed a private placement financing for gross
proceeds of $2,700,000.

Item 5 Full Description of Material Change

Cadillac closed a non-brokered private placement financing pursuant to which it

issued 4,218,750 common shares at $0.64 per share for gross proceeds of $2,700,000.
The proceeds from this financing will be used for exploration expenditures on
Cadillac’s properties and for working capital purposes. The securities issued under
this private placement will be subject to restrictions on resale for four months.

Item 6 Reliance on subsection 7.1(2) or (3) of National Instrument 51-102

Confidentiality is not requested.

Item 7 Omitted Information

Not applicable.

Item 8 Executive Officer

For further information contact Norman Brewster, President and Chief Executive
Officer of Cadillac Ventures Inc. (ph. 416-815-8666).

Item 9. Date of Report

April 30th, 2008