Lytton Rancheria of California Leads Tribal Investment in Cadiz Groundwater Banking Project [Yahoo! Finance]
Cadiz, Inc. (CDZI)
Last cadiz, inc. earnings: 11/8 05:19 pm
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Source: Yahoo! Finance
LOS ANGELES and WINDSOR, Calif. Nov. 25, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI) (the "Company" or "Cadiz") announced today that the Company and the Lytton Rancheria of California ("Lytton") have signed a Letter of Intent for Lytton to invest up to $50 million in the Company's groundwater banking project in the Mojave Desert ("Mojave Groundwater Bank"). Lytton's investment would be the first major investment by a Native American Tribe in large-scale water infrastructure off tribal lands in U.S. history. With 2.5 million acre-feet of new water supply and an estimated 30 million acre-feet of water in storage today, the Mojave Groundwater Bank will be the largest new groundwater bank in the Southwest. The partnership between Cadiz and Lytton signifies a landmark collaboration in water resource management, with Tribes holding a majority ownership stake in the Mojave Groundwater Bank. This ownership structure empowers Indigenous communities to play a leading role in decision-mak
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CDZI
News
- Lytton Rancheria of California Leads Tribal Investment in Cadiz Groundwater Banking ProjectPR Newswire
- Cadiz Inc. (NASDAQ: CDZI) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- Cadiz to Purchase 180 Miles of New Pipeline AssetsPR Newswire
- While institutions invested in Cadiz Inc. (NASDAQ:CDZI) benefited from last week's 17% gain, private companies stood to gain the most [Yahoo! Finance]Yahoo! Finance
- Cadiz Inc. Announces $23 Million Registered Direct Offering [Yahoo! Finance]Yahoo! Finance
CDZI
Earnings
- 11/13/24 - Miss
CDZI
Sec Filings
- 11/25/24 - Form 8-K
- 11/14/24 - Form SC
- 11/13/24 - Form 10-Q
- CDZI's page on the SEC website