July 26, 2013 – Toronto, Ontario – Cadman Resources Inc. (CUZ) (“Cadman” or the “Company”) is pleased to announce an agreement for a new REE project near Maniwaki Quebec. The Company has signed an option agreement with JP & Associates Inc. to acquire 100 per cent interest in the rare earth project located north of Ottawa/Gatineau near the town of Maniwaki in the Province of Quebec. The Maniwaki West property (the “Property”) is comprised of 24 permits totaling 14.23 km2 . The Property itself is adjacent to recent the REE discoveries by Cavan Ventures Inc.
To exercise the option and earn 100 per cent interest in the Property the Company is required to deliver 2,000,000 shares of Company common stock upon signing of the option agreement and to make a cash payment of $10,000.
On behalf of the board of Directors
CADMAN RESOURCES INC.
CEO & Chairman
For further information, please contact Boris Ziger, Chief Executive Officer, at:
Certain information in this press release may constitute forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Corporation. Additional information identifying risks and uncertainties is contained in the Corporation’s filings with the Canadian securities regulators, which filings are available at www.sedar.com.
The CNSX has not reviewed, approved or disapproved the content of this press release.