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April 10, 2012                                                                                  Symbol: CXD-TSXV
NEWS RELEASE                                                                                     Frankfurt: A0MZ25


                    CADAN ANNOUNCES EXTENSION OF WARRANT TERM

VANCOUVER CANADA - CADAN RESOURCES CORPORATION (TSX-V: CXD; Frankfurt:
AOMZ.25) (the "Company") Mr. Robert Butchart, President, announces that 11 million common
share purchase warrants (the "Warrants"), exercisable at $1.10 per share, and having an original expiry
date of December 8, 2012, have been extended by three years and will now expire on December 8,
2015. These Warrants were issued pursuant to the closing of a private placement financing as
announced by the Company on December 15, 2010. All other terms of the Warrants remain the same.
The warrants are all held by Mr. Francois Marland, a director of the company.

The extension is subject to TSX Venture Exchange acceptance.

On behalf of the board of directors,

Robert G Butchart
President / CEO

For further information visit our website at www.cadanresources.com , Email us at
infor@cadanresources.com, or contact:

Robert Butchart                                          John D. Anderson
President / CEO                                          Chairman
Email: butch@cadanresources.com                          Email: janderson@cadanresources.com


    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.