Cadan Resources Corp (fka CXD)

[graniterock]

News Release posted on web site:

Wednesday April 22, 2009 For Immediate Dissemination
NEWS RELEASE Symbol: CNF-TSXV
FIRST TRANCHE OF NON-BROKERED
PRIVATE PLACEMENT COMPLETED
CADAN RESOURCES CORPORATION (CNF-V) (the “Company”) is please to announce that it has closed the
first tranche of its non-brokered private placement of up to 33,333,333 common shares in the capital of the Company
(“Shares”) at a price of $0.06 per Share announced on February 12, 2009. The Company sold a total of 12,079,315
Shares in the first tranche, for gross proceeds of $724,759.
Brett Taylor, President, Chief Executive Officer and a director of the Company, purchased 1,000,000 Shares and
Doug Evans, a director, purchased 1,000,000 Shares.
All securities issued pursuant to the private placement bear a four month hold period expiring on August 22, 2009.
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Cadan Resources Corporation is a junior exploration company with operations in the Philippines and Colombia and
trades on the TSX Venture Exchange (Canada) with trading symbol CNF-V.
On behalf of the board of directors,
“Brett Taylor”
Brett Taylor, President & CEO
John Anderson, Director
Email: [e-mail]
Tel: [phone]
Matthew Bell
Email: [e-mail]
Tel: [phone]