Complementary information related to Dannemora Minerals share issues
COMPLEMENTARY INFORMATION RELATED TO DANNEMORA MINERAL ABs SHARE ISSUES
As stated in previous press release today, Dannemora Mineral AB, in addition to
the private placement of 6.5 million Class B shares that just ended, will
conduct a share issue (repair issue)
The board of directors in Dannemora Mineral AB will immediately after the EGM
on 26 October 2012, who shall decide on the approval of the private placement,
decide on the repair issue. The decision will pursuant to the authorisation
provided by the annual general meeting.
The Repair Issue will be conducted at the same issue price, SEK 20 per share,
as the private placement. The repair Offering will comprise a maximum of Euro
2.5 million and therefore comprise a maximum of about 1 million B shares.
The investors who participated in the private placement are not entitled to
participate in the repair issue. The exact number of shares that are qualified
to participate in the Repair Issue is therefore dependent on the number of
shares that on the last trading day before the right to participate in the
Repair Offering separates are held by participants in the private placement.
Provided that the Extraordinary General Meeting to approve the private
placement, the record date for the Repair Offering will be 31 October 31 2012.
The last day of trading with the shares of Dannemora Mineral AB, including the
right to participate in the repair issue will thus be 26 October 2012, i.e the
date of the EGM.
Dannemora Mineral has, since the company's shares are listed on both the NASDAQ
OMX First North and the Oslo Stock Exchange, design the conditions for the
repair issue with regard to both the Swedish and Norwegian practice.
Complete terms and instructions for the repair issue will be published on or
about 22 October 2012.
The Press Release can be downloaded from the link below: