Cadence Minerals PLC Exercise of Warrants (7295J)
December 23 2020 - 9:37AM
UK Regulatory
TIDMKDNC
RNS Number : 7295J
Cadence Minerals PLC
23 December 2020
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 100,000 new
ordinary shares in the Company at an exercise price of 6 pence per
share (the "Warrant Shares") Subscription monies of GBP6,000 have
been received by the Company in respect of the exercise of these
warrants.
Application will be made for the admission to trading on AIM of
London Stock Exchange plc and to and the AQSE Growth Market
operated by Aquis Exchange Plc for the New Ordinary Shares
("Admission").
Admission is expected to occur on or around 4 January 2021. Upon
Admission, the Company will have 148,049,098 Ordinary Shares in
issue. There are no shares held in treasury. The total voting
rights in the Company is therefore 148,049,098 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 -
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
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
James Sinclair-Ford
Novum Securities Limited
(Joint Broker) +44 (0) 207 399 9400
Jon Belliss
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END
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