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Stock Market & Financial Investment News

News Breaks
October 5, 2012
11:33 EDTCDZICadiz announces dismissal of federal lawsuit
Cadiz reported that a lawsuit filed in U.S. Federal Court jointly against the company, the Santa Margarita Water District, the County of San Bernardino, the U.S. Department of the Interior and the U.S. Bureau of Land Management has been dismissed. The court determined that Petitioner RiverAHA was unlikely to succeed on the merits. The dismissal now ends the pending Federal Court litigation over the Cadiz Valley Water Conservation, Recovery and Storage Project. Legal proceedings challenging the recent Project approvals continue in California State Court.
News For CDZI From The Last 14 Days
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May 20, 2015
14:17 EDTCDZICadiz water project endorsed by LA County Business Federation
Cadiz announced that the Los Angeles County Business Federation, a grassroots alliance of more than 135 local business groups, voted at its May 19 board meeting to support the Cadiz Valley Water Conservation, Recovery and Storage Project, a public-private partnership with the Santa Margarita Water District. The Cadiz Water Project will capture and conserve groundwater that is presently being lost to evaporation at the company’s 35,000-acre property in California’s eastern Mojave Desert and create a new supply of water for 400,000 people throughout Southern California over 50 years, the company said. Cadiz shares are up 4% following the announcement.

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