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Cadence Minerals ( (GB:KDNC) ) just unveiled an announcement.
Cadence Minerals has announced a retail offer through the Winterflood Retail Access Platform to raise up to £200,000 by issuing new ordinary shares. This offer follows a recent successful placement of shares that raised approximately £2.34 million, and if fully subscribed, the total capital raised will amount to approximately £2.54 million. The funds from this offer will be used in the same manner as the previous placement, although specific details on the use of proceeds were not disclosed in this announcement. The retail offer is open to existing shareholders in the United Kingdom and is part of Cadence Minerals’ strategy to engage its retail shareholder base.
More about Cadence Minerals
Cadence Minerals is a company operating in the mining industry, primarily focused on the exploration and development of mineral resources. The company is listed on the AIM market and is involved in various mining projects, aiming to enhance its portfolio and market presence.
Average Trading Volume: 3,109,159
Technical Sentiment Signal: Buy
Current Market Cap: £12.53M
For an in-depth examination of KDNC stock, go to TipRanks’ Overview page.