NunaMinerals A/S completes direct issue
2/13/2013 1:01 PM EST
NunaMinerals A/S
Changes in share capital and votes
NunaMinerals A/S completes direct issue
Nuuk, 2013-02-13 19:01 CET (GLOBE NEWSWIRE) --
<span ><span
>NUNAMINERALS COMPLETES DIRECTED ISSUE</span></span>
<span ><span
>This is in reference to company announcement no. 2/2013
of 4 February 2013.</span></span>
<span >Today,
NunaMinerals has completed a directed issue with subscription of 87,928 new
shares (the ’New Shares’) of a nominal value of DKK 100 each have been
subscribed for at a price of DKK 210 per share. The issue of new shares
generates gross proceeds of DKK 18.5 million to NunaMinerals.</span>
<span >The
rights attaching to the New Shares, including voting rights and rights to
dividends, take effect at the date of registration of the capital increase with
the Danish Business Authority. The New Shares carry an entitlement to receive
full dividend for the 2012 financial year. Similar to previous years it is not
expected that dividend will be paid for the financial year 2012.</span>
<span >After the
capital increase of DKK 8,792,800, nominal value, NunaMinerals’ share capital
constitutes DKK 137,954,700, nominal value, divided into 1,379,547 shares of
each DKK 100, nominal value.</span>
<span >It is
expected that settlement and payment for the New Shares will take place on 19
February 2013.</span>
<span ><span
>The New Shares are expected to be admitted for listing
at NASDAQ OMX Copenhagen A/S on 21 February 2013 under the ISIN code for the
existing shares (DK0016190986) following registration of the share capital
increase with the Danish Business Authority and the merger between the
temporary ISIN code </span></span><span
><span
>DK0060457745</span></span><span
><span
> and the existing ISIN code in VP Securities. The
temporary ISIN code will not be admitted for trading and official listing at
NASDAQ OMX Copenhagen A/S as it will only be registered with VP Securities for
the purpose of subscription of the New Shares.</span></span>
<span ><span
>FURTHER INFORMATION:</span></span>
<span ><span
>Ole Christiansen, CEO, phone +299 36 20 01, mobile:
+299 55 18 57</span></span>
<strong ><span style="font-family:Verdana, Geneva,
sans-serif;"><span >ABOUT NUNAMINERALS</span></span>
<span ><span
>NunaMinerals A/S is Greenland’s leading company in the
exploration of precious and base metals as well as strategic metals. Firmly
rooted in Greenland, the company is well positioned to exploit the mineral
potential of one of the world’s few remaining unexplored regions.
</span></span><span ><span
>The geology of Greenland has a number of similarities
with that of long-established mining countries such as Canada, South Africa and
Australia, which all have substantial mineral deposits of gold, platinum,
nickel and copper, among other commodities</span></span><span
><span >.
</span></span><span ><span
>Setting up partnerships that would bring further
technical and financial expertise to the development of the company’s
exploration prospects is a key element of NunaMinerals’ business model.
NunaMinerals began operations in 1999 and is headquartered in Nuuk,
Greenland</span></span><span style="font-family:Verdana, Geneva,
sans-serif;"><span >. </span></span><span
><span
>The company is listed at NASDAQ OMX Copenhagen A/S under
the symbol “NUNA” (Copenhagen: NUNA.CO)</span></span><span
><span >.
</span></span><span ><span
>For more information, please visit our website:
www.nunaminerals.com</span></span><span style="font-family:Verdana, Geneva,
sans-serif;"><span >.</span></span>
<strong ><span style="font-family:Verdana, Geneva,
sans-serif;"><span >DISCLAIMER</span></span>
<em ><span style="font-family:Verdana, Geneva,
sans-serif;"><span >This announcement contains
forward-looking statements on NunaMinerals’ future financial developments and
financial results as well as other statements that are not historical facts and
that may prove to be incorrect</span></span><em ><span
><span >.
Prospective investors should seek professional investment advice and examine
relevant risks and legal aspects, including tax aspects, which could be
relevant in connection with an acquisition of the shares.</span></span>
<em ><span style="font-family:Verdana, Geneva,
sans-serif;"><span >The information contained herein is
not for publication or distribution, directly or indirectly, in or into the
United States, Canada, Australia or Japan. These written materials do not
constitute an offer of securities for sale in any jurisdiction including the
United States, nor may the securities be offered or sold in the United States
absent registration or an exemption from registration as provided in the U.S.
Securities Act of 1933, as amended, and the rules and regulations thereunder.
There is no intention to register any portion of the offering in the United
States or to conduct a public offering of securities in the United
States.</span></span>
<em ><span style="font-family:Verdana, Geneva,
sans-serif;"><span >The issue and sale of securities in
the offering are subject to specific legal or regulatory restrictions in
certain jurisdictions. NunaMinerals and its advisers and/or agents assumes no
responsibility in the event there is a violation by any person of such
restrictions.</span></span>
<em ><span style="font-family:Verdana, Geneva,
sans-serif;"><span >The information contained herein
shall not constitute an offer to sell or the solicitation of an offer to buy,
nor shall there be any sale of the securities referred to herein in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration, exemption from registration or qualification under the
securities laws of any such jurisdiction.</span></span>
<em ><span style="font-family:Verdana, Geneva,
sans-serif;"><span >This announcement is only addressed
to and directed at persons in member states of the European Economic Area (the
“EEA”), who are “Qualified Investors” within the meaning of Article 2(1)(e) of
the Prospectus Directive. The securities are only available to, and any
invitation, offer or agreement to subscribe, purchase or otherwise acquire such
securities will be engaged in only with Qualified Investors. This announcement
should not be acted upon or relied upon in any member state of the EEA by
persons who are not Qualified Investors. For the purposes of this announcement,
the expression “Prospectus Directive” means Directive 2003/71/EC as amended and
includes any relevant implementing measure in each Relevant Member State. This
announcement is an advertisement for the purposes of applicable measures
implementing the Prospectus Directive. </span></span>