Crown Energy enters into agreement with international investor on private placement of shares and warrants of at least SEK 63 million and up to SEK 126 million
Crown Energy AB (“Crown Energy” or the “Company”) is pleased to announce the signing of an agreement for a private placement of shares and warrants in Crown Energy of at least SEK 63 million and up to SEK 126 million. The board of directors of Crown Energy will propose that a shareholders meeting to be held on 4 May 2016 resolves on an issue of 31.5 million units to an international investor Cement Fund SCSp (Société en Commandite Spéciale) (“Cement Fund” or the “Investor”), of Luxemburg, or a newly created SPV purposed to do the investment in Crown Energy. Each unit consists of one new share