Badger Explorer ASA - approved prospectus and launch of subsequent offering
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATESReference is made to previous announcements from Badger Explorer ASA ("BXPL" or the "Company"). The Financial Supervisory Authority of Norway has approved a prospectus prepared by Company covering the following: The prospectus comprise (i) listing of 360,000,000 new shares (the “Private Placement I Shares") issued in a private placement conducted on 6th December 2016 (the "Private Placement I"), (ii) listing of 600,000,000 new shares (the "Private