Cadence Minerals #KDNC – Update on Amapa Iron Ore Project Creditor Agreement & Court Petition to Commence Iron Ore Shipments

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to provide an update on its investment in the Amapa Iron Ore Project (“Amapa Project”), Brazil.  Settlement of Bank Creditors In early September 2020, we announced that DEV Mineração S.A’s (“DEV”), Cadence and Indo Sino Pty Ltd (“the Investors”) agreed in principle to the settlement terms proposed […]

Cadence Minerals #KDNC – Updated Mineral Resource Estimate for the Amapa Iron Ore Project

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce the completion of the update of the Mineral Resource Estimate (“MRE”) in respect of its investment in the Amapá Iron Ore Project Brazil. Highlights: ·    Mineral Resource of 176.7 million tonnes (“Mt”) grading 39.7% Fe in the Indicated category, reported within an optimised pit shell and using […]

Amapa Iron Ore Project – Cadence Minerals #KDNC Agrees In Principle To Settlement Terms Proposed By Amapa Bank Creditors.

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to provide an update on its investment in the Amapa Iron Ore Project (“Amapa Project”), Brazil. DEV Mineração S.A’s (“DEV”), Cadence and Indo Sino Pty Ltd (“the Investors”) have agreed in principle to the settlement terms proposed by the secured bank creditors (“Bank Creditors”), and the administrator […]

Cadence Minerals #KDNC – Update on Investment in the Amapa Iron Ore Project, Brazil.

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to provide an update on its investment in the Amapa Iron Ore Project, Brazil. Progress with Secured Bank Creditors Since our last update in early August, DEV Mineraço S.A’s (“DEV”) Cadence and Indo Sino Pty Ltd (“the Investors”) have continued a constructive dialogue with the secured bank […]

Cadence Minerals #KDNC – Update on Investment into the Amapa Iron Ore Project, Brazil.

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to provide an update on its investment in the Amapa Iron Ore Project, Brazil. Progress with Secured Bank Creditors Since our last update in early July, DEV Mineração S.A’s (“DEV”) Cadence and Indo Sino Pty Ltd (“the Investors”) have continued a constructive dialogue with the secured bank […]