Cadman Resources Inc.

June 21, 2011 18:24 ET

Cadman Announces Annual Meeting Results

TORONTO, ONTARIO--(Marketwire - June 21, 2011) - Cadman Resources Inc. (TSX VENTURE:CUZ.H) (the "Company" or "Cadman") is pleased to announce that its annual and special meeting of shareholders took place yesterday on June 20, 2011, at which time the shareholder's re-elected Derek Bartlett and Alex Johnston as directors and confirmed Andrew Mah and Patrick Brandreth as directors (previously appointed by the board).

"We are pleased with the results of the Shareholder's Meeting," stated Derek Bartlett, President, CEO and director. "We are happy to have shareholder support for our new director appointees and are working diligently towards completing the previously announced qualifying transaction."

At the shareholders meeting Cadman's shareholders also re-appointed Manning Elliott LLP, Chartered Accountants, as the Company's auditors and passed, without variation, a resolution approving Cadman's stock option plan, all as more particularly disclosed in Cadman's management information circular dated May 19, 2011.

These filings are available for review at

About Cadman Resources Inc.

Shares of Cadman are listed for trading on the NEX Board as a capital pool company ("CPC") within the meaning of the policies of the TSX Venture Exchange. The Company has not commenced operations and has no assets other than cash. The Company proposes to identify and evaluate businesses and assets with a view to completing a "Qualifying Transaction" under the TSX Venture Exchange's CPC policies.

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 news release.

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