12th Sep 2018 13:30
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.
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