Cadan Resources Corporation

Cadan Resources Corporation

December 29, 2009 09:15 ET

Cadan Appoints New Director

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 29, 2009) - CADAN RESOURCES CORPORATION (TSX VENTURE:CXD)(FRANKFURT:A0MZ25) ("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"

Brett Taylor, President & CEO

Forward Looking Statements

"This news release may contain forward–looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The reader is referred to the Company's most recent annual and interim Management's Discussion and Analysis for a more complete discussion of such risk factors and their potential effects, copies of which may be accessed through or the Company's page on SEDAR at:"

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.

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