Nordic Iron Ore AB decides on a directed set-off issue of SEK 10.6 million
The Board of Directors of Nordic Iron Ore AB (publ) (“Nordic Iron Ore” or “the Company”) has, with the support of the issue authorization from the Annual General Meeting on July 7, 2021, decided on a directed new issue of 3,552,062 shares deviating from shareholders' preferential rights to subscription price of SEK 3.00 per share, which corresponds to a total issue payment of SEK 10,656,186,186. Payment for subscribed shares has been made by set-off of previously raised loans with the right to repayment via conversion to shares, submitted in February 2021.The reason for the deviation from