Summary

Cadence Minerals plc ("Cadence") is pleased to announce that LCM Funding SG Pty Ltd ("LCM" or the "Funder") has completed due diligence and issued a Funding Confirmation Notice ("FCN") under the Arbitration Funding Agreement ("AFA") entered into between LCM, Cadence and Cadence's wholly owned subsidiary, REM Mexico Limited ("REM Mexico"), regarding claims arising in relation to Cadence and REM Mexico's investments in the Sonora Lithium Project in Sonora State, Mexico.