Cadence Minerals Plc (AIM: KDNC) is pleased to announce the result of its recent fundraise at an issue price of £0.03 per share, as previously outlined in the Company’s announcement dated 2 October 2025.

The WRAP Retail Offer generated a significantly higher level of demand than anticipated, demonstrating the strong support from Cadence’s retail shareholder base. In response, the Company increased the size of the WRAP Retail Offer to partially accommodate this demand. Despite this increase, applications still substantially exceeded the available allocation, and accordingly, were scaled back.

As a result, the Company has successfully raised gross proceeds of £300,000 through the issuance of 10,000,000 new Ordinary Shares at the Issue Price.

The Board wishes to thank all participating shareholders for their continued confidence and support.

Admission and Total Voting Rights

Applications have been made for the WRAP Retail Offer Shares to be admitted to trading on AIM (“Admission”). Admission is expected to become effective on or around 16 October 2025.

Upon Admission, the Company’s issued ordinary share capital will consist of 415,631,038 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, from Admission the total number of Ordinary Shares and voting rights in the Company will be 415,631,038. With effect from Admission, this figure may be used by Shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA’s Disclosure Guidance and Transparency Rules.

The new Ordinary Shares to be issued pursuant to the WRAP Retail Offer will be issued free of all liens, charges and encumbrances and will, on Admission, rank pari passu in all respects with the new Ordinary Shares to be issued pursuant to the Placing, the Subscription and the Company’s existing Ordinary Shares.

Terms used but not defined in this announcement have the same meaning as set out in the Company’s announcement released at 7am on 2 October 2025.

For further information, please contact:

Cadence Minerals plc	+44 (0) 20 3582 6636
Andrew Suckling
Kiran Morzaria
Zeus (NOMAD & Broker)	+44 (0) 20 3829 5000
James Joyce
Darshan Patel
Fortified Securities – Joint Broker	+44 (0) 20 3411 7773
Guy Wheatley
Brand Communications	+44 (0) 7976 431608
Public & Investor Relations
Alan Green
Winterflood Retail Access Platform	+44 (0) 203 100 0214
Sophia Bechev, Kaitlan Billings	WRAP@winterflood.com

Further information on the Company can be found on its website at https://www.cadenceminerals.com/