March 26 (Reuters) - Cadence Minerals PLC KDNC.L :
- SUCCESSFUL PLACING TO RAISE £1.3 MILLION
- PLACING IS BEING MADE AT AN ISSUE PRICE OF 0.15 PENCE PER SHARE
- EXPECTS TO USE PROCEEDS OF THIS FUNDRAISE TO FULFIL INITIAL EXPLORATION EXPENDITURE ON AUSTRALIAN LITHIUM ASSETS
