Cadence Resources Receives Approval for AMEX Listing and Name Change

Cadence Resources Corporation (OTC BB: CDNR.OB) announced that the Company's application to list its shares on the American Stock Exchange (AMEX) has been approved. The Company anticipates that trading on the AMEX will commence at 9:30am on Wednesday, May 24, 2006, under the symbol "AOG", pending continued compliance with all listing requirements on that date.

Pursuant to shareholder approval granted at the Special Shareholders Meeting held on February 9, 2006, and effective with the commencement of trading on the AMEX, Cadence Resources Corporation has formally changed its name to Aurora Oil & Gas Corporation.

William W. Deneau, President and CEO stated, "The listing is another milestone in the history of our organization. We believe the exchange listing will provide the Company and its shareholders a number of benefits, such as increased visibility in the financial community, greater liquidity for our stock and a larger potential investor base that includes those who cannot invest in non-exchange-listed securities."

Cadence Resources is an independent energy company focused on unconventional natural gas exploration, acquisition, development and production with its main operations in the Michigan Antrim Shale and Indiana New Albany Shale.