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 GBP 0.15 per share (the "Warrant Shares"). The Company has received subscription monies of GBP65,386 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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(END) Dow Jones Newswires

April 19, 2022 02:01 ET (06:01 GMT)

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