Cadence Minerals #KDNC – Corporate Update
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to provide an update on the progress of three of its investments. The latest presentation is available on our website. Hastings Technology Metals (ASX: HAS) (“Hastings”) On 25 January 2023, Cadence completed the sale of its 30% stake in several mineral concessions forming part of the Yangibana […]
Cadence Minerals #KDNC – Listing of Evergreen Lithium on the Australian Stock Exchange
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce that Evergreen Lithium Limited (“Evergreen”) has filed its admission Prospectus with Australian Securities & Investments Commission and the Australian Stock Exchange (“ASX”). Cadence owns approximately 15.8 million Evergreen shares which are anticipated to represent 8.7% of the issued share capital of Evergreen on admission. Evergreen’s […]
Cadence Minerals #KDNC – Completion of Sale of Yangibana Joint Venture Interest to Hastings Technology Metals
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce that it has completed the sale of its working interests in the Yangibana Rare Earths project (“Yangibana Project”) tenements to Hastings Technology Metals (ASX: HAS) (“Hastings”). Highlights: Cadence has received AS$9 million of new ordinary shares in ASX-listed Hastings for its 30% stake in various […]
Cadence Minerals #KDNC – Pre-Feasibility Study Delivers Robust Economics for the Amapá Iron Ore Project, Brazil
Post-Tax Project NPV US$949 million, Internal Rate of Return of 34% and a Project Maiden Ore Reserve Estimate of 195.8 Mt (Cadence attributable of 58.74 Mt) at 39.34% Fe Declared Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce the completion of the Pre-Feasibility Study (“PFS”) on the Amapá Iron Ore Project, Brazil (“Amapá” […]
Cadence Minerals #KDNC – Corporate Update
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to provide an update on the progress of three of its investments. Amapá Iron Ore Project Cadence is pleased to report that the pre-feasibility study for the Amapá Iron Ore Project has now been completed, and an announcement is expected to be released early in the New […]
Cadence Minerals #KDNC – Investment Update
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to update shareholders on the progress of its principal investments. Highlights: Completion of Amapa Ore Reserve Estimate supports planned 15-year mine life Cadence increases Amapa stake to 30% through conversion of loans, capitalisation of management, consultancy, admin and cash investment. No additional capital raising required. European Metals […]
Cadence Minerals #KDNC – Interview with Kiran Morzaria direct from Santana, Brazil
Alan Green talks to Cadence CEO Kiran Morzaria direct from Santana Port, Brazil. Today, Cadence has announced a substantial upgrade in total Measured, Indicated and Inferred Mineral Resources, to 276.24 Million Tonnes at a grading of 38.33% Fe at the Amapa iron ore project. Valued by former owner Anglo American at $600m in 2012, an investment […]
Cadence Minerals #KDNC – Mineral Resource Increase & Upgrade at the Amapá Iron Project
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce that DEV Mineração S/A (“DEV”) has completed a new Mineral Resource Estimate (“MRE”) in compliance with the Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (“JORC Code, 2012”) for the Amapá Iron Ore Project Brazil. Highlights: Substantial increase in total Measured, […]
Cadence Minerals #KDNC – Director Share Purchases
Cadence (AIM/NEX: KDNC), the mining investment company, announces that on the 11 July 2022 the following director purchased ordinary shares in the Company. Director Position Number of ordinary shares acquired Price paid per share (£) Kiran Morzaria Director & CEO 100,558 0.099 After this acquisition the total notifiable share interest in the Company for […]
Cadence Minerals #KDNC Completes sale of 31.5% Equity Stake in Lithium Technologies and Lithium Supplies. Plus Amapa Project Update
Cadence is pleased to announce that further to its announcement of 30 March 2022, the Company has completed the sale of its 31.5% stake in in Lithium Technologies and Lithium Supplies (“LT and LS”) to Evergreen PTY Ltd (“Evergreen”). Evergreen is a unlisted Australian company which is intending to list on the Australian stock exchange. […]