The Swedish Companies Registration Office has granted authorization to execute the merger between Endomines AB (publ) and Endomines Finland Plc
Endomines AB (publ), Stock Exchange Release 2 December 2022, 14.30 CET
The Swedish Companies Registration Office has granted authorization to execute the merger between Endomines AB (publ) ("Endomines AB") and its wholly owned subsidiary Endomines Finland Plc ("Endomines Finland").
The merger is expected to be executed on or about 16 December 2022. In connection with the registration of the merger, Endomines AB will dissolve, and all its assets and liabilities will be transferred to Endomines Finland. All shareholders in Endomines AB will as merger consideration receive one share in Endomines Finland for every share they own in Endomines AB.
As previously announced, it is not possible to list the shares in Endomines Finland on Nasdaq Stockholm after the completion of the merger due to technical affiliation reasons in relation to Euroclear Sweden AB. Endomines Finland's shares will therefore only be admitted to trading on Nasdaq Helsinki following the completion of the merger.
Endomines Finland's shares are intended to be admitted to trading on Nasdaq Helsinki on 20 December 2022.
Preliminary timetable for the completion of the merger
|
14 December 2022 |
Last day of trading in Endomines AB's shares on Nasdaq Stockholm and Nasdaq Helsinki |
|
15 December – 19 December 2022 |
No trading will take place in Endomines AB' shares or Endomines Finland's shares |
|
16 December 2022 |
The merger is executed |
|
20 December 2022 |
First day of trading in Endomines Finland's shares on Nasdaq Helsinki |
For further information, please contact:
Mikko Sopanen, CFO, mikko.sopanen@endomines.com, +358 50 434 7439
About Endomines
Endomines is a mining and exploration company with its primary focus on gold. Endomines is engaged in mining operations at the Pampalo mine in Ilomantsi, and in exploration activities along the Karelian Gold Line in Eastern Finland. Endomines also owns rights to several gold deposits in Idaho and Montana, US, where the Endomines aims to continue the development work through partnership agreements.
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