Cadence Minerals (LSE:KDNC) has launched a retail offer via the Winterflood Retail Access Platform to raise up to £200,000 through the issuance of new ordinary shares. This initiative follows a recently completed placement that generated approximately £2.34 million. If the retail offer is fully subscribed, the total funds raised would reach around £2.54 million. Proceeds from this offer are intended to be used in the same manner as the prior placement, though specific allocations were not detailed in the announcement. The offer is open to existing UK shareholders and reflects Cadence Minerals’ approach to engaging its retail investor base.
About Cadence Minerals
Cadence Minerals operates in the mining sector, focusing on the exploration and development of mineral resources. Listed on AIM, the company participates in a range of mining projects with the aim of expanding its portfolio and strengthening its market position.
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