REG - Cadence Minerals PLC - Corporate Update–retraction to EG1 acquire Leonora

Cadence MineralsAnnouncement

07/05/2025 16:45

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RNS Number : 7546H  Cadence Minerals PLC  07 May 2025

Cadence Minerals Plc

 

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

 

Corporate Update - retraction to EG1 acquires Leonora Goldfields Project

Cadence Minerals (AIM: KDNC) announced on 6 May 2025 that ASX listed Evergreen
Lithium ("EG1") (ASX: EG1) announced the acquisition of the Leonora Goldfields
Project ("LGP"). Announcement can be found here
(https://www.londonstockexchange.com/news-article/KDNC/corporate-update-eg1-acquires-leonora-goldfields/17019974)
.

EG1 subsequently announced a retraction of certain information on 7 May 2025.
On page 1, (bullet point 3) there is reference to an exploration target, for
which further details are disclosed on page 3 (the "Retracted Information").
As EG1 has not undertaken the work required to release the Retracted
Information in compliance with JORC 2012, EG1 retracts the Retracted
Information.

As a consequence of the retraction of the Retracted Information, EG1 advises
that the Retracted Information should be disregarded and that investors should
not rely on the Retracted Information.

Full link to the updated announcement is here
(https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02944212-6A1263620&v=7bc42bd11d853ed5e8c28f2ffcd6a069ee5cd6b4)
.

 For further information contact:
 Cadence Minerals plc                                         +44 (0) 20 3582 6636
 Andrew Suckling
 Kiran Morzaria

 Zeus Capital Limited (NOMAD & Broker)                        +44 (0) 20 3829 5000
 James Joyce
 Darshan Patel

 Fortified Securities - Joint Broker                          +44 (0) 20 3411 7773
 Guy Wheatley

 Brand Communications                                         +44 (0) 7976 431608
 Public & Investor Relations
 Alan Green

 

Qualified Person

Kiran Morzaria B.Eng. (ACSM), MBA, has reviewed and approved the information
contained in this announcement. Kiran holds a Bachelor of Engineering
(Industrial Geology) from the Camborne School of Mines and an MBA (Finance)
from CASS Business School.

Cautionary and Forward-Looking Statements

Certain statements in this announcement are or may be deemed to be
forward-looking statements. Forward-looking statements are identified by
their use of terms and phrases such as "believe", "could", "should",
"envisage", "estimate", "intend", "may", "plan", "will", or the negative of
those variations or comparable expressions including references to
assumptions. These forward-looking statements are not based on historical
facts but rather on the Directors' current expectations and assumptions
regarding the company's future growth results of
operations performance, future capital, and other expenditures (including
the amount, nature, and sources of funding thereof) competitive advantages
business prospects and opportunities. Such forward-looking statements reflect
the Directors' current beliefs and assumptions and are based on information
currently available to the Directors.  Many factors could cause actual
results to differ materially from the results discussed in the forward-looking
statements, including risks associated with vulnerability to general economic
and business conditions, competition, environmental and other regulatory
changes actions by governmental authorities, the availability of capital
markets reliance on key personnel uninsured and underinsured losses and other
factors many of which are beyond the control of the company. Although any
forward-looking statements contained in this announcement are based upon what
the Directors believe to be reasonable assumptions. The company cannot assure
investors that actual results will be consistent with such forward-looking
statements.

 

The information contained within this announcement is deemed by the company to
constitute Inside Information as stipulated under the Market Abuse Regulation
(E.U.) No. 596/2014, as it forms part of U.K. domestic law under the European
Union (Withdrawal) Act 2018, as amended. Upon the publication of this
announcement via a regulatory information service, this information is
considered to be in the public domain.

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