Cadence Minerals Plc Receives Approval To Recover And Restart Operations At the Amapá Iron Ore Project

  • Aug 30, 2019 BST
  • Team Kalkine

Cadence Minerals Plc (AIM: KDNC), has received the approval of the commercial court of São Paulo for the judicial restructuring plan to recover and restart operations at the Amapá iron ore project. Once after fulfilling the preconditions relating to the railway licenses and bank creditor arrangements, the judicial court will be releasing US$2.5 million investment from its account. The investment was placed by the company.

On 30th August 2019, at the time of writing, GMT 08:08 AM, KDNC shares were trading at GBX 0.10, up by 0.01 points or 17.65% against the previous day closing price.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK