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Share Price: 3.50

Bid: 3.40

Ask: 3.60

Change: 0.00 (0.00%)

Spread: 0.20 (5.882%)

Open: 3.50

High: 3.50

Low: 3.50

Prev. Close: 3.50

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IN BRIEF: Cadence Minerals' Macarthur to sell off Pilbara assets

Mon, 08th Mar 2021 19:08

Cadence Minerals PLC - investment firm and partner in the discovery & development of iron ore and lithium deposits - Notes that 1% investee Macarthur Minerals has agreed to sell a portfolio of its Pilbara gold copper tenements to Canadian capital pool firm Timeless Capital Corp.

Macarthur will be selling the assets alongside Zanil Pty Ltd, which will be disposing of its portfolio of gold copper tenements located near Leonora in Western Australia. In return, both companies will take up a 27% interest in Timeless.

Current stock price: 18.39 pence

Year-to-date change: up 27%

By Dayo Laniyan; dayolaniyan@alliancenews.com

More News

23 Jun 2022 12:12

IN BRIEF: Cadence Minerals sells working interest in Yangibana project

Cadence Minerals PLC - London-based investment company focused on mineral resources sector -Agrees to sell its 30% working interest in the Yangibana project tenements to the operator and owner of the remaining interest, Hastings Technology Metals Ltd. Sells its stake for AUD9 million, or GBP5.1 million. Explains that the transaction provides it with equity exposure to 100% of the project through its equity holding in Hastings.

21 Jun 2022 22:13

TRADING UPDATES: Coca-Cola HBC and Pendragon shareholders show ire

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

25 Apr 2022 19:19

IN BRIEF: Cadence Minerals notes DEV selling fourth iron batch

Cadence Minerals PLC - London-based investment company focused on mineral resources sector - DEV Mineracao SA ships and sells the fourth batch of iron ore from stockpiles of Amapa iron ore project, made up of 48,492 wet tonnes.

7 Apr 2022 21:58

TRADING UPDATES: Financials Acquisition raises GBP150 million in IPO

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

30 Mar 2022 13:29

IN BRIEF: Cadence Minerals to sell 31% stake in two lithium firms

Cadence Minerals PLC - London-based investment company focused on mineral resources sector - Enters conditional agreement to sell its 32% stake in Lithium Technologies and Lithium Supplies for AUD6.6 million, around GBP3.7 million.

21 Mar 2022 19:11

TRADING UPDATES: Kavango eyes acquisition; PYX ups zicron price

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

18 Mar 2022 20:38

TRADING UPDATES: Angle US lab boost; Corcel to capitalise on nickel

(Alliance News) - The following is a round-up of updates by London-listed companies, issued this week and not separately reported by Alliance News:

23 Feb 2022 21:39

IN BRIEF: Cadence Minerals raises GBP745,000 in open offer

Cadence Minerals PLC - London-based mineral investment and development company - Raised on Monday total gross proceeds of GBP745,000 via its open offer originally announced on February 4. The company says that the open offer take-up was around half of the 7.4 million shares available.

7 Feb 2022 18:29

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Cadence Mineral Share News (KDNC)

Share Price Information for Cadence Mineral (KDNC)

IN BRIEF: Cadence Minerals' Macarthur to sell off Pilbara assets

IN BRIEF: Cadence Minerals sells working interest in Yangibana project

TRADING UPDATES: Coca-Cola HBC and Pendragon shareholders show ire

IN BRIEF: Cadence Minerals notes DEV selling fourth iron batch

TRADING UPDATES: Financials Acquisition raises GBP150 million in IPO

IN BRIEF: Cadence Minerals to sell 31% stake in two lithium firms

TRADING UPDATES: Kavango eyes acquisition; PYX ups zicron price

TRADING UPDATES: Angle US lab boost; Corcel to capitalise on nickel

IN BRIEF: Cadence Minerals raises GBP745,000 in open offer

TRADING UPDATES: Alphawave teams with Intel; Cadence's Amapa progress

TRADING UPDATES: Cadence adds to fundraise; Sylvania profit up

TRADING UPDATES: Cadence, Rambler Metals raise funds to help projects

TRADING UPDATES: Portfolio updates from Scirocco, Tekcapital, MetalNRG

Cadence Minerals shares down as lithium option unwinds

LONDON MARKET CLOSE: FTSE 100 rallies, shaking off record Covid cases

Cadence Minerals hails "greatest achievement" with Brazil iron deal

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Cadence Mineral Share News (KDNC)

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IN BRIEF: Cadence Minerals' Macarthur to sell off Pilbara assets

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