Cadence Minerals #KDNC – Results for the year ending December 2017
The Company is pleased to announce its final results for the year ended 31 December 2017. A copy of full results will be made available on the Company’s website from today at https://www.cadenceminerals.com/ For further information, please contact: Cadence Minerals plc +44 (0) 207 440 0647 Andrew Suckling Kiran Morzaria WH Ireland Limited (NOMAD […]
Cadence Minerals #KDNC – Update re Bacanora Minerals #BCN proposed re-domicile
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) reports that Bacanora Minerals Ltd (TSX-V: BCN and AIM: BCN), the London and Canadian listed lithium company, announces that, further to its statement released on 9 February 2018, it has entered into an arrangement agreement between the Company, Bacanora Lithium plc and 1976844 Alberta Ltd. (a wholly owned subsidiary of Bacanora UK) pursuant to […]
Shares Spotlight interview with Kiran Morzaria, CEO of Cadence Minerals #KDNC
Shares Spotlight interview with Kiran Morzaria, CEO of Cadence Minerals #KDNC. Kiran discusses the changes in Cadence since the part sale of the Bacanora holding, which has allowed the company to restructure it’s loan note, reduce coupon payments and increase the pace of it’s investments without any dilution. Kiran looks forward to 2018, and discusses […]
Cadence Minerals (KDNC) – Strategic Development and Update re Loan Notes
During September 2017, when we announced the profitable sale of part of our stake in Bacanora Minerals Ltd, we also signalled a strategic shift to redeploy some of our balance sheet resources to other early stage mineral exploration assets. We are now in the advanced stages of reviewing several early stage lithium assets in well-known […]
Cadence Minerals (KDNC) – Bacanora Minerals receives environmental approval for Sonora Lithium Project
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) reports that Bacanora Minerals (AIM: BCN, TSXV: BCN) has announced that the Environmental Impact Statement, the Manifestacion de Impacto Ambiental, for its flagship Sonora Project in Mexico has been approved by SEMARNAT, the Environment Ministry of Mexico. Bacanora Minerals has also provided an update on its Feasibility Study for a 35,000 […]
Cadence Minerals (KDNC) – Interim Results for six months ended 30 June 2017 – Further Growth in the Portfolio
Cadence Minerals plc, (AIM/NEX: KDNC; OTC: REMMY), which invests in highly prospective lithium and rare earth mineral projects, announces its interim results for the six months ended 30 June 2017. Highlights · Each of our exploration investments made good progress · Bacanora Minerals signed an offtake and strategic partnership with Hanwa, a Japanese global trading company · European […]
Cadence Minerals (KDNC) delivers a £2.7m profit on partial sale of Bacanora Minerals (BCN) equity stake
Cadence Minerals is pleased to announce that it has sold approximately 8.90 million shares representing 42% of its equity stake in Bacanora Minerals Ltd for gross proceeds of £6.23 million. Cadence purchased these shares between June 2013 and September 2014 for £3.56 million. The realised gross profit from this sale is £2.67 million, or a […]
Cadence Minerals (KDNC) – Bacanora Minerals update on Sonora Lithium Project
Cadence Minerals Plc (AIM/NEX: KDNC; OTC: KDNCY) is pleased to report that Bacanora Minerals in which Cadence currently owns a 16.1% shareholding has provided an update on the Sonora Project in Mexico, including progress on the work processes for the feasibility study and debt funding discussions. The full Bacanora announcement can be found at: https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/BCN/13340072.html. The […]
Cadence Minerals (KDNC) in discussions to sell part of Bacanora Minerals (BCN) stake
Cadence Minerals (KDNC) announces that it recently commenced discussions with a select group of institutional investors and other parties with regards to a potential sale of part of its 16.06% stake in Bacanora Minerals Ltd. During the course of these discussions, Cadence Minerals was approached by a single strategic investor group interested in taking a material portion of the total stake owned […]
Cadence Minerals (KDNC) – Holding in Bacanora Minerals (BCN).
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii BACANORA MINERALS LTD. 2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights An acquisition or disposal of qualifying […]