Cadan Appoints Mr Yuzheng Xie as a Director and Officer

Symbol: CXD-TSXV

Frankfurt: RFU1

Vancouver, BC - CADAN RESOURCES CORPORATION ("Cadan") is pleased to announce the appointment of Mr. Yuzheng Xie to the Board of Directors and to the position of Executive Chairman. He is appointed a Director, effective immediately.

Mr Xie has an extensive steel material marketing and trading background and is a seasoned dealmaker with experience in securing project finance and capitalizing junior mining companies. He brings to Cadan a network of financiers who will assist the Company in its future objectives.

On Behalf of the Board,

Robert Butchart

President/CEO

For further information visit our website at www.cadanresources.com; email us at info@cadanresources.com, or contact:

Robert Butchart

President / CEO

Email: butch.cadan@gmail.com

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.

Cadan Resources Corporation (TSXV:CXD)
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