Summary

Cadence Minerals plc announces that the International Centre for Settlement of Investment Disputes ("ICSID") has formally registered a Request for Arbitration filed by Cadence and its wholly owned subsidiary, REM Mexico Limited ("REM Mexico"), against the United Mexican States ("Mexico") under the Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of the United Mexican States, which was signed on 12 May 2006 and entered into force on 25 July 2007 ("UK-Mexico BIT").

The proceeding has been registered as Cadence Minerals Plc and REM Mexico Limited v. United Mexican States under ICSID Case No. ARB/26/36. The arbitration now moves to the constitution of the tribunal.

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