Dannemora Mineral AB has engaged First Securities AS to advice on and effect a potential private placement in the amount of SEK 86,875,000 before issue expenses. The subscription price will be SEK 69,50 per share. The minimum subscription will be EUR 50,000.

 

The book-building period will commence today, 28 April 2010, at 17:30 CET and close on 29 April 2010 at 08.00 CET. The Company may, however, at any time resolve to close or extend the bookbuilding period.

 

The private placement is subject to the approval by the board of directors of Dannemora and the board reserves the right, in it´s absolute discretion, to cancel the private placement at any time. The new shares will be issued pursuant to the authorisation provided to the board of directors at the extraordinary general meeting on 17 March 2010.