Cadan Resources Corp (fka CXD)

[basserdan]

Cadan Appoints New Director

December 29, 2009, 9:15 am

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 29, 2009) - CADAN RESOURCES CORPORATION (TSX VENTURE:CXD - OTC:CADAF; FRANKFURT:A0MZ25 - News; "Cadan" or the "Company") is pleased to announce that Mr Robert Gordon Butchart has been appointed as a Director to the Company.

Mr. Butchart, currently a consultant to Cadan, has been instrumental in the Company's progression from largely an explorer to an emerging gold-silver producer at its T'Boli mine which, on current schedule, is targeted for late January 2010. Later in 2010, the Company proposes to produce copper-gold from its Comval copper-gold project - commencing with the Tagpura porphyry skarn.

Mr Butchart has been involved in the mining industry for more than 25 years. He has owned and operated exploration companies and drilling rigs in Australia and overseas, has been heavily involved in heap leaching operations and narrow vein underground gold mines.

He will be responsible for Operations to ensure that the Company achieves its performance targets.

The Board is delighted to have Mr Butchart as a director of the Company as it proceeds to become the latest Philippine-based gold-silver producer.

On behalf of the board of directors,
Brett Taylor, President & CEO

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