Anglesey Mining #AYM – Proposed Placing and Subscription to raise approximately £415,000
Anglesey Mining Plc (AIM:AYM) is pleased to announce its intention to raise gross proceeds of approximately £325,000 by means of a proposed placing (the “Placing”) of approximately 32,500,000 new ordinary shares of nominal value £0.01 (“Ordinary Shares”) each in the capital of the Company (the “Placing Shares”), to certain institutional and other investors, and a […]
Anglesey Mining #AYM – Following assay results for hole NCZ003, WH Ireland maintains fair value at 5.4p per share
The Northern Copper Zone is shaping up to underpin enhanced mine plans and project economics for Parys Mountain Anglesey recently reported the assay results for the third drill hole completed at its’ Parys Mountain project. Drilling has confirmed the continuity and scale of the Northern Copper Zone (NCZ) which we believe is likely to contribute […]
Cadence Minerals #KDNC – Placing to Raise £1.25 million
Cadence Minerals (AIM/AQSE: KDNC; OTC: KDNCY) is pleased to announce that it has raised £1.25 million through the placing (“Placing“) of 10,416,662 new ordinary shares (“Placing Shares“) in the capital of the Company with new and existing investors at an issue price of 12pence per share (“Placing Price“), representing approximately 21.7% discount to closing mid-price on 19 August 2020. […]
Cadence Minerals #KDNC – Amapá Operational Update, Placing to Raise £650,000
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UK Investor Magazine – Cadence Minerals #KDNC – Transformation Cycle
AIM listed Cadence Minerals (AIM: KDNC) continues to make substantial progress with the former Anglo American Iron Ore mine, railway and port at Amapá in Brazil. Since September 2018, the board has conducted an exhaustive, ongoing round of due diligence and legal processes to bring the mine out of administration, into a recommissioning programme and ultimately back to production. […]
Cadence Minerals #KDNC – Amapá Operational Update, Placing to Raise £525,000 and Loan Note Restructuring
Cadence Minerals – Amapá Operational Update, Placing to Raise £525,000 and Loan Note Restructuring. Highlights Shipping of first iron ore is on target for late Q2 2020 / early Q3 2020 Shipment is planned via 45,000-tonne bulk carriers at a rate of 2 -3 every two months Independent surveys of these iron ore stockpiles indicate […]
Cadence Minerals #KDNC – Successful Placing to Raise £1.3 million
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce that it has raised £1.3 million through a placing (“Placing”) of 866,666,663 new ordinary shares (“Placing Shares”) in the capital of the Company with new and existing investors. The Placing is being made at an issue price of 0.15 pence per share (“Placing Price”), representing […]
Corporate news review Monday 24 July 2017
Cranswick CWK – reports a positive start to the current financial year, with 3-month revenues to June 30 up 27%, while net debt of £18m is down £4m on this time last year. The board is confident in both outlook and continued long-term success and development of the business. Earthport EPO – FY revenues are […]