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An update from Cadence Minerals ( (GB:KDNC) ) is now available.
Cadence Minerals has successfully secured funding to restart the Azteca Plant in Brazil, raising £2.34 million through equity subscriptions and director contributions. This financial move is expected to generate significant cash flow, enabling Cadence to fund the Definitive Feasibility Study and early works for the Amapá Project, while also strengthening its operational foundation and long-term growth potential.
More about Cadence Minerals
Cadence Minerals PLC is a company operating in the mining industry, focusing on the development and investment in mineral resources. Its primary market focus includes projects like the Amapá Iron Ore Project in Brazil, which is a fully integrated operation comprising mine, rail, port, and beneficiation infrastructure.
Average Trading Volume: 2,455,656
Technical Sentiment Signal: Buy
Current Market Cap: £13.65M
See more insights into KDNC stock on TipRanks’ Stock Analysis page.