Cadan Resources Corporation (TSX VENTURE:CXD) (FRANKFURT:RFU1) ("Cadan" or the "Company") Pursuant its previously announced non-brokered private placement the Company has closed the final tranche consisting of 6,161,334 Units. On a combined basis the Company will have issued a total of 32,059,829 units for gross proceeds of $4,808,974.35.
Each Unit consists of one common share in the capital of the Company and one
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