Endomines carries out a directed share issue in an amount of approximately EUR 1.3 million to speed up developments at the Friday mine
Endomines AB, Stock Exchange Release 8 April 2020 at 17:30 CESTEndomines’ Board of Directors has today, in accordance with the authorisation granted by the extraordinary general meeting on 10 December 2019, resolved on a directed issue of 2,465,000 shares to certain institutional and private investors in Finland resulting in approximately EUR 1.3 million in proceeds for the company. The consideration in the share issue will be used to finance an accelerated ramp-up at the Friday mine. In light of the increased price of and demand for gold recently, Endomines has concluded that