Exercise of Warrants

RNS Number : 2183W

Cadence Minerals PLC

14 August 2020

 

Cadence Minerals Plc

("Cadence Minerals", "Cadence" or "the Company")

Exercise of Warrants

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce that it has received warrant exercise notices to subscribe for a total of 537,500 new ordinary shares in the Company at an exercise price of 6 pence per share (the "New Ordinary Shares"). Subscription monies of £32,250 have been received by the Company in respect of the exercise of these warrants.

Application will be made for the admission to trading on the AIM market ("AIM") of London Stock Exchange plc ("LSE") and to and the AQSE Growth Market ("AQSE") operated by Aquis Exchange Plc for the New Ordinary Shares ("Admission").

Admission is expected to occur on or around 20 August 2020. Following Admission, the Company will have  129,802,391 Ordinary Shares in issue. There are no shares held in treasury. The total voting rights in the Company is therefore  129,802,391 and Shareholders may use this figure as the denominator by which they are required to notify their interest in, or change to their interest in, the Company under the Disclosure Guidance and Transparency Rules.

For further information: Cadence Minerals plc   [phone] Andrew Suckling Kiran Morzaria WH Ireland Limited (NOMAD & Broker)   [phone] James Joyce James Sinclair-Ford Novum Securities Limited (Joint Broker)   [phone] Jon Belliss

 

END

 

 

IOEUSRURRAUWAAR