Business
EMH DGWA Appointment & Proposed Czech Listing
EMH DGWA Appointment & Proposed Czech Listing.
About this update from Cadence Minerals Plc
[{"type":"text","content":"\n \n \n RNS Number : 9399S\n Cadence Minerals PLC\n 14 July 2020\n \n \n \n \n Cadence Minerals Plc\n \n \n \n \n \n (\"Cadence Minerals\", \"Cadence\" or \"the Company\")\n \n \n \n \n \n European Metals (AIM: EMH) - Appointment of European Investor Relations Advisor, Proposed Czech Listing & Interim Funding.\n \n \n Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the update today from European Metals Holdings Limited (\"European Metals\" \"EMH\" or \"the Company\") that that it has appointed DGWA, the German Institute for Asset and Equity Allocation and Valuation (\"Deutsche Gesellschaft für Wertpapieranalyse GmbH\", \"DGWA\"), a mining and resource focused European investment banking boutique, as its Investor and Corporate Relations advisor in Europe.\n \n \n With offices in Frankfurt, Berlin and Vienna as well as representatives in Australia and Canada, DGWA will focus on the growing interest within the German-speaking financial community in the considerable investments being committed to the country's electric vehicle and energy storage systems industry.\n \n \n DGWA will collaborate with EMH to help gain investor awareness and drive investment opportunities from the European financial markets and will provide investor relations services to help European Metals position itself in the German-speaking financial markets. DGWA will also introduce EMH to its extensive network within the European corporate and federal community to assist the Company in exploring offtake-agreements and potential grants and subsidies.\n \n \n Proposed Czech Listing\n \n \n Cadence is also pleased to note that EMH is in discussions with the Prague Stock Exchange regarding the proposed listing of the Company's securities. Given the high profile that the Cinovec Project has within the Czech Republic, EMH wishes to provide the opportunity for Czechs to invest directly via their domestic exchange. \n \n \n Interim Funding\n \n \n Accordingly, EMH has arranged an interim funding facility to assist in financing these new initiatives and ongoing operations. The facility has been provided by an Australian based sophisticated investor, 6466 Investments Pty Ltd, and allows for a draw down of up to AUD 1 million in tranches as required over 12 months. Any funds drawn down will convert to CDI's in the Company at a 15% disc...