Cadan Resources Announces the Appointment of Richelle Singson Michael to the Board of Directors

VANCOUVER, BC / ACCESSWIRE / May 29, 2015 / CADAN RESOURCES CORPORATION (“Cadan” or the “Company”) is pleased to announce the appointment of Ms. Richelle L. Singson Michael to the Board of Directors.

Ms. Singson Michael has developed an extensive working knowledge of various corporate and financial disclosure matters and deep working relationships with Australian, Singapore and Korean corporations. Ms. Singson Michael has been the Chief Executive Officer for Platinum Skies Aviation and North South Airlines for over 7 years and serves on the Boards of Satrap Mining Corporation, Northlander Real Estate & Development Inc., Satrap Power Corporation and Blemp Commercial of the Philippines. She holds a Bachelor of Science degree in Architecture educated as a scholar at the University of the Philippines and is an award winning Architect as well as an aviation pilot.

Peter Main, President, noted “Ms Singson Michael brings extensive Philippine experience to the Cadan board which will assist Cadan management in navigating its T’Boli mine back into production. Ms Singson Michael’s wide ranging business and political background will add considerable value to Cadan”.

The Corporation also announces the resignation of Mr. Derick Sinclair from his position on the Board of Directors. Mr. Sinclair was temporarily filling a vacancy in the board, and will continue as the Company’s Chief Financial Officer.

For further information visit our website at www.cadanresources.com; Phone: 778-370-1372 Fax: 604-608-5442; or email us at info@cadanresources.com.

On Behalf of the Board,

Peter Main
Interim President and CEO

This press release contains forward-looking statements or information (collectively referred to herein as “forward-looking statements”) relating to the T’Boli mine Property. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements and are not guarantees of future performance of the Company. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect.

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.

SOURCE: Cadan Resources Corporation

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