REG - Cadence Minerals PLC - Exercise of Warrants

Cadence MineralsAnnouncement

19/04/2022 07:00

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RNS Number : 5010I  Cadence Minerals PLC  19 April 2022

Cadence Minerals Plc

 

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

 

Exercise of Warrants

 

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) announce that it has received
warrant exercise notices to subscribe for 435,905 new ordinary shares in the
Company at an exercise price of £ 0.15 per share (the "Warrant Shares"). The
Company has received subscription monies of £65,386 regarding the exercise of
these warrants.

 

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

 

Admission is expected to occur on or around 25 April 2022. Upon Admission, the
Company will have 172,719,813 Ordinary Shares in issue. There are no shares
held in treasury. The total voting rights in the Company is therefore
 172,719,813 Ordinary Shares, 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.

 

- Ends -

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulaon
(EU) No. 596/2014 as amended by The Market Abuse (Amendment) (EU Exit)
Regulations 2019. Upon the publication of this announcement via Regulatory
Information Service this inside information is now considered to be in the
public domain.

 

 For further information:

 Cadence Minerals plc                     +44 (0) 7879 584153
 Andrew Suckling
 Kiran Morzaria

 WH Ireland Limited (NOMAD & Broker)      +44 (0) 207 220 1666
 James Joyce
 Darshan Patel

 Novum Securities Limited (Joint Broker)  +44 (0) 207 399 9400
 Jon Belliss

 

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