Cadence Minerals (LSE:KDNC) has secured £2.34 million in funding through a combination of equity subscriptions and contributions from directors, providing the resources needed to restart operations at the Azteca Plant in Brazil. The financing is expected to generate meaningful cash flow, supporting the company’s Definitive Feasibility Study and initial works on the Amapá Project. This move strengthens Cadence’s financial position and lays the groundwork for sustained operational growth.
About Cadence Minerals
Cadence Minerals PLC is an investment and development company in the mining sector, with a focus on advancing mineral resource projects. Its flagship interest is the Amapá Iron Ore Project in Brazil, a fully integrated operation that includes mining, rail, port, and beneficiation infrastructure.
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