Cadan Resources is pleased to announce that it has competed the second tranche of its previously announced private placement financing. The second tranche consisted of an additional 2,746,171 units at a price of $0.65 per unit for gross proceeds of $1,785,011. When combined with the first tranche, the company issued a total of 4,700,017 units for gross proceeds of $3,055,011. The company originally announced an
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