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File: 2014-003-05 Shares for Debt.doc










March 5, 2014	
NEWS RELEASE	                                                                                                 Symbol: 
--->CXD-TSXV


CADAN ANNOUNCES PROPOSED
SHARES FOR DEBT
VANCOUVER, BC - CADAN RESOURCES CORPORATION ("Cadan" or the "Company") announces that that it proposes to settle up to
---> $2 million of debt with creditors by issuing up to 40,000,000 common shares at a deemed price of $0.05 per share. Clo
--->sing of the debt settlement is subject to entering into agreements with creditors and stock exchange approval. The amo
--->unt of indebtedness settled by the Agreements represents outstanding amounts for services or goods provided to the Com
--->pany. The Company chose to settle this outstanding indebtedness with Shares as part of its plans to move the Company f
--->orward and in order to preserve its potential funds for operations. 
The issuance of shares is subject to the approval of the TSX Venture Exchange (the "Exchange") and subject to a 4-mont
--->h hold period. The Company will issue the Shares once the issuance has been approved by the 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.