Cadence Minerals Seeks Funding To Advance Macarthur's Projects

LONDON (Alliance News) - Cadence Minerals PLC said Wednesday that Macarthur Minerals appointed ...

Alliance News 12 September, 2018 | 1:30PM
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LONDON (Alliance News) - Cadence Minerals PLC said Wednesday that Macarthur Minerals appointed Capstan Capital Partners LLP as exclusive advisers to help the company find the necessary funding to advance its projects in Australia.

Cadence holds a 12% stake in Macarthur, an Australian mining exploration company focused on lithium.

Macarthur requires the funding to advance its wholly-owned iron ore projects located in Western Australia.

Cadence shares were trading up 1.4% at 0.18 pence each.

By Elena Cherubini; elenacherubini@alliancenews.com

Copyright 2018 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar
Rating
Cadence Minerals PLC 0.11 GBX 2.38 -
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