Cadman Resources Inc. (TSX:CUZ announce the appointment of Mr. Richard Tong, CGA as new company Chief Financial Officer (“CFO”). Mr. Tong has been a designated Certified General Accountant since 1998 and is a graduate of UBC with a Bachelor of Arts, majoring in Economics. He has experience in the industries of mining, technology, entertainment, retail, and manufacturing. Mr. Tong replaces Mr. Alex Johnston who has been acting as interim CFO. Mr. Johnston will remain with Cadman as a Director and Chair of the Audit Committee.

The Company also wishes to announce, subject to CNSX approval, the appointment of Mr. David Lee of Vancouver to the board of directors as an independent director. Mr. Lee has many years of experience in China ventures and is a welcome addition to the board. His many years of experience will be of great benefit to Cadman at this important juncture.

As the Company is a moving into new territories management feels it prudent to create an advisory board of seasoned professionals to assist with our entry into Tanzania. Cadman will make further announcements regarding the advisory board in due course.

Cadman also wishes to announce the issuance of up to 1,425,000 new options to various directors, officers and consultants of Cadman.

On behalf of Management, CADMAN RESOURCES INC.

Boris Ziger, CEO & Chairman

The Company’s filings are available for review at www.sedar.com and www.cnsx.ca.

http://www.kitco.com/news/video/show/PDAC-2013/250/2013-03-04/High-Gold-Price-Doesnt-Mean-High-Margins-Mining-CEO