Cadence Minerals #KDNC – Hastings Technology Metals (ASX: HAS) oversubscribed placement raises $14.6m, plus a further $6.1m will be raised.

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note that Hastings Technology Metals (ASX:HAS) (“Hastings”), Cadence’s joint venture partner at the Yangibana Rare Earth Project in the Gascoyne region of Western Australia (“Yangibana” “Yangibana Project”), has received firm commitments to raise $14.6 million (before costs) at $0.125 per share (Placement). An additional $3.1 million […]

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 […]

Power Metal Resources #POW – Canadian Silver Project – Exploration Commences

Power Metal Resources plc (LON:POW) the AIM listed metals exploration and development company is pleased to  announce an update in respect of the Silver Peak Project (the “Silver Peak Project” or the “Project”) in British Columbia, Canada. The Project includes the Eureka-Victoria Silver Mine, the first Crown-granted mineral property in British Columbia.  HIGHLIGHTS: Background On 17 […]

Tertiary Minerals #TYM – Buy Back of Deferred Shares, Notice of GM

Tertiary Minerals plc, the AIM traded company building a multi-commodity project portfolio announces that it is proposing a buy-back and cancellation of the Company’s issued deferred shares (the “Deferred Shares”). A circular and notice of general meeting in relation to a proposed buy-back and cancellation of the Deferred Shares have been posted to shareholders (the “Circular” […]

Cadence Minerals #KDNC – Macarthur Minerals (TSX-V: MMS) (ASX: MIO) Joint Venture Partner Fe Limited Acquires Advanced Iron Ore Project.

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note that Macarthur Minerals (TSX-V: MMS) (ASX: MIO) (the “Company” or “Macarthur”) Joint Venture Partner, Fe Limited (“FEL”) has announced that it has entered into a binding Heads of Agreement to acquire a 50% interest in the Yarram Iron Ore Project in the Northern Territory.  The consideration […]

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. […]

Power Metal Resources #POW – Exercise of Warrants Raises a Further £28,000

Power Metal Resources PLC (LON:POW) the AIM listed metals exploration and development company is pleased to announce it has received a notice to exercise warrants over 4,000,000 new ordinary shares in the Company (“Warrant Shares”). The Warrant Shares are being issued pursuant to the exercise of warrants at 0.70p per share and subscription monies of £28,000 […]

Power Metal Resources #POW – Increase in Haneti Project Interest

Power Metal Resources plc (LON:POW) the AIM listed metals exploration and development company is pleased to provide an update in respect of the Haneti Project (“Haneti”) . BACKGROUND Previously Power Metal held a 25% ownership interest in Haneti with 75% held by Katoro Gold plc (LON:KAT)(“Katoro”).  As announced on 15 March 2019, the Company also held an […]