Cadan Resources Corporation announced 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.

The Corporation also announced 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.