Clarification: Subscription price for Nordic Iron Ores warrants is SEK 10 per share and ten warrants are required to subscribe for one new share
At the Annual General Meeting of Nordic Iron Ore AB (publ) ("NIO" or "Company") on May 22, 2018, a consolidation of shares (so called reverse split) 1:10 was decided by which ten (10) shares were merged into one (1) share. The completed consolidation resulted in a corresponding translation of the terms of the warrants, which means that ten (10) warrants entitle the holder to subscribe for one (1) share after conversion at a subscription price of SEK 10 per share during the subscription period from March 1, 2019 up to and including May 31, 2019.The completed consolidation of shares 1:10,