Rights Offering to Keliber’s Current Shareholders Fully Subscribed

Keliber Oy's previously announced directed share issue to the current shareholders of the company has ended. The offering of shares for EUR 10 million was fully subscribed.

The share issue was the second tranche of a EUR 40 million financing arrangement announced by Keliber on 23 February 2021. The first tranche of EUR 15 million was subscribed by Sibanye Stillwater Limited, which also plans to finance the development phase of the project with EUR 15 million later this year and early 2022.

The changes will be registered in the Trade Register as soon as possible.

For further information, please contact:

Riku Sauso, CFO, Keliber, phone +358 (0)50 354 1133

Keliber 

Keliber is a European, Finnish special chemical and mining company with the aim of producing sustainable, high-purity, battery-grade lithium hydroxide for the growing lithium battery industry in 2024 by utilizing own ore. www.keliber.fi