ACCORDING TO PRELIMINARY RESULTS THE PREFERENTIAL SHARE ISSUE HAS BEEN FULLY SUBCRIBED
The recently concluded rights issue was fully subscribed. The Company will receive approximately SEK 186 million through this issue before expenses.The rights issue was guaranteed up to 70 % by undertakings and by underwriting commitments. 100 % of subscribed shares mean that the guarantees did not have to be utilized. "This additional equity gives us an opportunity to form a financing package to start construction of the Silver Mine during late 2016" comments CEO Timo Lindborg. Stockholm Corporate Finance has acted as financial advisor. A1 Advokater and Peltonen LMR Attorneys Ltd