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Agencies Gamble on Need and Price Santa Barbara Independent, By Nick Welsh March 26, 2014 About two weeks ago, three South Coast water agencies — desperate to augment supplies in the face of a withering drought — combined forces to place a bid on surplus State Water from purveyors...

Water recovery project could ease drought. ORANGE COUNTY REGISTER March 10, 2014 Despite the recent heavy rain, California’s water situation remains dire. Data from the U.S. Drought Monitor, a partnership between the National Drought Mitigation Center at the University of Nebraska-Lincoln, the U.S. Department of Agriculture, and the...

Major water supply benefits realized by all Southern California water users not only project subscribers January 29, 2014 - Today, Cadiz Inc. made available a new report prepared by Southern California economic consulting firm Stratecon Inc. that describes up to $6.1 Billion in benefits that can be realized by Southern California...

(October 31, 2013) Los Angeles, CA -- Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”, “the Company”) is pleased to announce today that it has entered into an agreement (“Credit Agreement”) with its new majority senior lender, MSD Credit Opportunity Master Fund, L.P. (“MSD Credit”), to increase the Company’s existing $30 million senior secured mortgage loan by $10 million to fund additional working capital.  MSD Credit previously acquired the majority interest of the $30 million portion of the debt in a private transaction.  The new $10 million, together with our existing cash resources, places the Company in a strong position to complete the defense of existing permits for the Cadiz Valley Water Conservation, Recovery and Storage Project (the “Water Project”) and move toward project construction.