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Cadence Minerals (KDNC) corporate update: Amapá Iron Ore Project developments, restructuring of the loan notes and major holdings in company

Cadence Minerals (AIM/NEX: KDNC) is pleased to provide a corporate update covering the development on the Amapá Iron Ore Project and a restructuring of the Company’s loan notes. Amapá Iron Ore Project Update Cadence announced on the 7 June that it had entered into a binding investment agreement  with Indo Sino Pte. Ltd. (“Indo Sino”) to invest […]

Cadence Minerals Plc (KDNC) – Macarthur Minerals (TSX-V: MMS) Closes Fully Subscribed Private Placement.

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the announcement today from Macarthur Minerals (TSX-V: MMS) (“Macarthur”) that it has closed the previously announced private placement offering (the “Offering”) of US$6 million of secured Convertible Note (“Note”) on conditional acceptance. The total placement closed with subscriptions totalling 600 Notes for gross proceeds of […]

Europe Thinks Like China in Building Its Own Battery Industry – Bloomberg

Article by Bloomberg – July 3rd 2019  Governments working with industry and banks to spur technology  At least $113 billion to be invested in battery supply chain The European Union is starting to act like China when it comes to building the batteries that will drive the next generation of cars and trucks. In the […]

Volkswagen plans 22 million electric vehicles in ten years

Almost 70 new electric models by 2028 – instead of the 50 previously planned Comprehensive decarbonization program for the Volkswagen Group signed off Volkswagen Group targeting fully CO2-neutral balance by 2050 Diess: “Volkswagen will change radically. We are taking on responsibility with regard to the key trends of the future – particularly in connection with […]

Cadence Minerals #KDNC – Macarthur Minerals (TSX-V: MMS) Seeks TSX-V Approval to Close Financing on the Lake Giles Iron Ore Project

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the announcement today from Macarthur Minerals (TSX-V: MMS) (“Macarthur”) that final approval is being sought from the TSX-V to close the private placement offering (the “Offering”) of US$6 million of secured Convertible Note (“Note”) as previously announced on March 19, 2019. Cadence holds approximately 9.8% […]

Cadence Minerals (KDNC) Macarthur Minerals (TSX-V: MMS) says FE Limited Exercises Its Option to Earn in on the Pilbara Tenements for Lithium and Gold.

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the announcement today from Macarthur Minerals (TSX-V: MMS) (“Macarthur”) that FE Limited (ASX: FEL) has elected to exercise its option with Macarthur Lithium Pty Ltd (MLi), a wholly owned subsidiary of Macarthur Minerals, that forms part of the Option Agreement to earn-in up to 75% […]

Cadence Minerals #KDNC – Director Share Purchases

The Company makes the following disclosures in relation to the participation of directors in the recent fundraising as announced on 27th June 2019 with title ‘Placing to Raise £1.6 Million’. Details of the Director purchases are contained in the table below. Director Position Number of ordinary shares acquired  Price paid per share (pence) Kiran Morzaria […]