Director Share Purchases and Exercise of Options

Cadence Minerals Plc

("Cadence Minerals", "Cadence" or "the Company")

Director Share Purchases and Exercise of Options

Cadence (AIM:KDNC), the mining investment company, announces that on the 3 November the following directors purchased ordinary shares in the Company.

In addition to the Adrian Fairbourn has exercised option over 200,000 new ordinary shares ("Ordinary Shares") at exercise price of £0.06 per share. Application has been made to the on the AIM market ("AIM") of London Stock Exchange plc ("LSE") and to the AQSE Growth Market ("AQSE") operated by Aquis Exchange Plc for the Ordinary Shares ("Admission"). Admission is expected to occur on or around 12 November 2020.

Following Admission, the Company will have 144,719,053 Ordinary Shares in issue. There are no shares held in treasury. The total voting rights in the Company is therefore 144,719,053 and Shareholders may use this figure as the denominator by which they are required to notify their interest in, or change to their interest in, the Company under the Disclosure Guidance and Transparency Rules.

After these acquisitions, the total notifiable share interest in the Company for the directors is as follows

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NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM