Cadman (CSE: CUZ) Changes Name to Matica Graphite Inc. to Reflect Graphite Focus
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Toronto, Ontario - (Newsfile Corp. - April 17, 2014) (www.investorideas.com newswire) Cadman Resources Inc. (CSE: CUZ) ("Cadman" or the "Company") is pleased to announce that the Board of Directors of the Company has approved the name change from Cadman Resources Inc. to Matica Graphite Inc., subject to regulatory approval. Effective Monday April 21, 2014, the Company will begin trading under the new symbol GRF. The company's shares trade on the Canadian Stock Exchange, the CSE. In connection with the proposed name change the Company has also adopted a new web identity and a newly redesigned Web site at: www.maticagraphite.com
Boris Ziger, CEO, commented, "As a junior exploration company we are forever searching for that rare project with that elusive combination of the right mineral, the right geological setting in the right jurisdiction at the right time. In the Buckingham graphite project we feel we may have found it. The Company's name change to Matica Graphite is a reflection of the Company's focus on graphite and re-branding."
About Cadman Resources
Cadman is a junior exploration company with projects in Buckingham Quebec. Buckingham is a historic graphite producing area which has been the scene of renewed exploration activity. The Company has also signed an LOI for and is reviewing a graphite in Nevada. Cadman trades on the CSE under the symbol CUZ. For more information on Cadman and the name change to Matica Graphite visit the website at cadmanresourcesinc.com.
On behalf of the board of Directors CADMAN RESOURCES INC.
For further information, please contact Boris Ziger, Chief Executive Officer, at: Telephone: 416-304-9935 E-mail: firstname.lastname@example.org
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.
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