TSX VENTURE COMPANIES:
CADAN RESOURCES CORPORATION ("CXD")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 1, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 8,784,500 shares and settle outstanding debt for $439,225.
Number of Creditors: 13 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
Allbeach Nominees Pty Ltd.
(Peter Cunningham) Y $35,000 $0.05 700,000
DR Financial Services Inc.
(Derick Sinclair) Y $27,500 $0.05 550,000
The Company shall issue a news release when the shares are issued and the debt extinguished.
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