Vancouver, BC - CADAN RESOURCES CORPORATION ("Cadan") today announces a change in senior management with Mr. Robert Butchart stepping down as CEO and COO and Mr. Peter Cunningham assuming the roles effective today.

Mr. Butchart will retain the position of President and Director of the Company. The Company is confident that the new management structure will help assist the Company as it goes through a period of financially stabilizing the business and developing the ongoing business plan.

On Behalf of the Board,

Robert Butchart

President

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

Robert Butchart

President

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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Cadan Resources Corporation (TSXV:CXD)
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