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File: 2014-02-12Cadan-Notes.pdf

February 12, 2014
NEWS RELEASE                                                                                         Symbol: CXD-TSXV


                              CADAN ANNOUNCES REFINANCING
                                 OF CONVERTIBLE DEBENTURES

VANCOUVER, BC - CADAN RESOURCES CORPORATION ("Cadan" or the "Company") is pleased
to announce that it has successfully negotiated the refinancing of a total of $1,230,066 in principal and
interest payable on convertible debentures. Pursuant to the refinancing, the Company will issue a total of
7,380,420 common shares and $861,045 of new convertible debentures. The new convertible debentures will
be convertible into common shares of the Company at a price of $0.08 per share until June 1, 2014. In
connection with the private placement, the Company will also issue a total of 10,916,128 common share
purchase warrants of the Company, each warrant exercisable into a common share of the Company at a price
of $0.08 per share until June 1, 2015. Closing of the private placement is subject to approval by the TSX
Venture Exchange.


For further information visit our website at www.cadanresources.com; email us at info@cadanresources.com, or
contact:

On Behalf of the Board,
Peter Cunningham
President
peter.cadan@gmail.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.




Cadan Resources Corporation               News release                                              Page 1 of 1