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cadan resources corp (RFU1) Snapshot

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01/30/14 - €0.06
52 Week Low
06/18/14 - €0.0040
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cadan resources corp (RFU1) Details

Cadan Resources Corporation engages in the exploration and development of precious and base metal properties in the Philippines. The company primarily explores for gold, silver, and copper minerals. Its properties include the T’Boli gold and silver project consisting of 84.98 hectares located in the province of South Catabato, Mindanao Island; and Batoto gold prospect and Comval copper-gold project situated in the Compostela Valley, East Mindanao. The company was formerly known as Sur American Gold Corporation and changed its name to Cadan Resources Corporation in August 2007. Cadan Resources Corporation was founded in 1929 and is headquartered in Vancouver, Canada.

Founded in 1929

cadan resources corp (RFU1) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: C$180.0K
Compensation as of Fiscal Year 2012.

cadan resources corp (RFU1) Key Developments

Cadan Resources Mulls Strategic Review For Financing

Cadan Resources Corporation (TSXV:CXD) is looking for strategic review for financing. The objective of the strategic review is to identify any structuring and financing issues within Cadan and its operations, provide viable working solutions and develop a positive business plan to move forward. The review will also identify capital requirements to appropriately finance Cadan for the next two years, along with providing production and earnings targets.

Cadan Resources Corporation Auditor Raises 'Going Concern' Doubt

Cadan Resources Corporation filed its Annual on Apr 30, 2014 for the period ending Dec 31, 2013. In this report its auditor, Smythe Ratcliffe, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Cadan Resources Corporation Announces Resignation of Directors

Cadan Resources Corporation announced the election of seven directors at the annual general meeting of shareholders held on April 11, 2014, three of the newly elected directors have agreed to resign in order to reduce the board size to four directors. The remaining four directors include three directors that were re-elected at the shareholder meeting, being Peter Cunningham, Francois Marland, and Peter Main, and one newly elected director, being Stephen Woods. Mr. Woods was a registered Mine Manager for manganese explorer, Auvex Resources Ltd, for the Ant Hill & Sunday Hill Projects and has recently completed his role as Field Manager for Auvex. He has worked for the Geological Survey of Western Australia and has successfully prospected for gold at the Horseshoe region for many years.


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