CADAN RESOURCES CORPORATION ("CXD")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 2, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 21,825,980 shares at a deemed value of $0.05 per share to settle outstanding debt for $1,091,299. There will be 7,478,788 warrants issuable at an exercise price of $0.08 per share with an expiry date of June 1, 2015.

Number of Creditors: 7 Creditors

Insider / Pro Group Participation:

Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
Yuzheng Xie Y $492,996 $0.05 9,859,920

The Company shall issue a news release when the shares are issued and the debt extinguished.
http://infoventure.tsx.com/TSXVenture/TSXVentureHttpController?GetPage=NoticesContents&PO_ID=1023431&NOTICE_ID=190574&CORRECTION_FLG=N&HC_FLAG1=checked