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Message: Cadan Resources 1:5 rollback

Cadan Resources 1:5 rollback

posted on Nov 10, 2009 09:47AM

2009-11-09 21:45 ET - Rollback

Also New Listing (C-CXD) Cadan Resources Corp (2)

Pursuant to a special resolution passed by shareholders Oct. 21, 2009, Cadan Resources Corp. has consolidated its capital on a 1:5 basis. The name of the company has not been changed.

Effective at the opening Tuesday, Nov. 10, 2009, the trading symbol for Cadan Resources will change from CNF to CXD and its shares will commence trading on the TSX Venture Exchange on a consolidated basis. The company is classified as a precious metals exploration and development company.

Postconsolidation capitalization: Unlimited shares with no par value of which 34,750,251 shares are issued and outstanding

Escrow: nil

Transfer agent: Computershare Investor Services Inc.

Old symbol: CNF

New symbol: CXD

Cusip No.: 12721D 20 3

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