Nordic Iron Ore is preparing a rights issue and market listing of the share
The Board of Nordic Iron Ore AB (publ) ("NIO" or "The Company") has decided to prepare the Company for a rights issue and subsequent market listing of the Company's share in an appropriate marketplace. The decision is conditional upon the decision of the AGM. The decision is also conditional upon an agreement with the Board of Copperstone Resources AB (publ) ("Copperstone") regarding the Copperstone claim to be approved by NIO’s Annual General Meeting."With the proposed rights issue, we look forward to being able to complete our feasibility studies for the resumption of iron ore production