EXHIBIT 99.1

November 1, 2005                                           FOR IMMEDIATE RELEASE

         Cadence Resources Announces Completion of Merger with Aurora Energy

         Traverse City, Michigan: Cadence Resources Corporation (OTCBB-CDNR.OB)
announced today that its merger with Aurora Energy, Ltd. of Traverse City,
Michigan was completed yesterday. Under the terms of the merger, Cadence
acquired 100% of the outstanding stock of Aurora Energy in exchange for the
issuance to Aurora shareholders of 37,512,366 shares of Cadence common stock. In
addition, Cadence has reserved up to 10,497,328 share of its common stock for
issuance upon the exercise of outstanding Aurora stock options.

         Aurora is engaged in the development of unconventional gas reservoirs
such as black shales, coal seams and tight sands. Aurora has assets and acreage
in the Michigan and Illinois basins. Aurora's assets include over 143,000 gross
acres (65,000 net) of oil and gas leases in Michigan's Antrim play, and
interests in over 520,000 gross acres (225,000 net) in the New Albany shale gas
play in Indiana and Kentucky.

         "We are thrilled to finalize this merger, which we believe will produce
synergies for the combined enterprise." said Howard Crosby, the outgoing
Chairman and President of Cadence. "We believe that with Aurora's gas acreage
and experienced and talented management team, the company is positioned to
substantially increase its presence in natural gas reserves and production in
the upper Midwest," said Crosby.

         As a result of the merger, certain management changes are being
implemented, including the resignation of three of Cadence's five directors, and
the addition to the Cadence Board of Mr. William W. Deneau, the former Chairman
of Aurora. In addition, it is contemplated that, after mailing a required
information statement on Form 14f-1 to Cadence shareholders, the following four
additional directors designated by Aurora management will become directors of
Cadence: Earl Young, Gary Myles, Richard Deneau and Ron E. Huff.

         Mr. Deneau will serve as Chairman and Mr. Crosby as Vice-Chairman. In
addition, the following persons have been appointed as officers of Cadence:
William W. Deneau - Chief Executive Officer; Lorraine M. King - Chief Financial
Officer; Thomas Tucker - Vice President of Land and Development; John Miller -
Vice President of Exploration and Production; John Ryan (Vice President and
Secretary and a Director of Cadence prior to the merger) - Corporate Secretary;
and Ron Huff - Corporate Treasurer. The Company's executive offices have been
relocated to Traverse City, Michigan.


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         Some statements made in this announcement are forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
These forward-looking statements include statements as to: (i) the benefits
expected to result from the merger; and (ii) the future business activity,
performance and financial condition of Cadence and its subsidiaries following
the merger. Any statements contained herein, including, without limitation,
statements to the effect that Cadence or its management "believes," "expects,"
"anticipates," "plans," "may," "will," "projects," "continues," "estimates" or
statements concerning "potential" or "opportunity" or other variations thereof
or comparable terminology or the negative thereof, that are not statements of
historical fact should be considered forward-looking statements.

         For more information contact:

         William W. Deneau, 231 941 0073

         Howard M. Crosby, 509 526 3491

         John P. Ryan, 843 842 7247

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