Nordic Iron Ore AB (publ) approved for listing on Nasdaq First North and publishes a company description
Nordic Iron Ore AB's (publ) ("Company" or "NIO") shares and warrants of series 2018/2019 have been approved for listing on Nasdaq First North Stockholm. The first day of trading in the Company's shares and warrants of series 2018/2019 is planned to commence on October 1, 2018. The Company has prepared a company description in connection with the listing.
Nordic Iron Ore have applied for listing of the Company's shares and warrants of series 2018/2019 on Nasdaq First North Stockholm. Nasdaq's review of Nordic Iron Ore has now been completed and the Company's application for listing of shares and warrants of series 2018/2019 today has today, on September 26, 2018, been approved. The decision is conditional upon the Company (i) updating its website in accordance with the First North Nordic Rulebook not later than two days before the first day of trading, and (ii) nothing occurs in the Company prior to the first trading day that could lead to another assessment of Nasdaq. The first trading day is planned to commence on October 1, 2018 and the shares will be traded under the ticker "NIO". Warrants of series 2018/2019 will be traded under the ticker "NIO TO1", with ISIN code SE0011281690.
In connection with the listing on Nasdaq First North, the Company has prepared a company description, which as of today is available on Nordic Iron Ore website www.nordicironore.se.
“Nordic Iron Ore have for some years worked on the preparations for a restart of the mining operations in Ludvika. In order to complete the feasibility study for the mine in Blötberget we recently completed a rights issue raising approx. MSEK 33 after issue costs and will now be listed on Nasdaq First North Stockholm. As a listed company, we are confident that we will raise awareness on the Company’s operations while also enhancing the Company's brand among its investors, customers, business partners, and other stakeholders. ", says Lennart Eliasson, CEO of NIO.
Advisors
Stockholm Corporate Finance AB is acting as financial advisor and Hamilton Advokatbyrå is acting as legal advisor in connection with the listing.
Wildeco Ekonomisk Information AB has been engaged as the Company’s Certified Adviser for Nordic Iron Ore on First North. For more information, visit www.wildeco.se.
About Nordic Iron Ore
Nordic Iron Ore AB (publ) is a mining development company that aims to resume and develop iron ore production at Ludvika Mines in Blötberget and Håksberg and to develop the intermediate Väsman iron field. The Company has all the necessary permits in place for the mine in Blötberget and will be able to produce iron ore of extremely high quality from significant mineral resources.
For more information, contact:
Lennart Eliasson, CEO, Nordic Iron Ore
Tel: +46 70-640 5177, e-mail: lennart.eliasson@nordicironore.se
This information is required and provided by Nordic Iron Ore AB (publ) under the EU Market Abuse Regulation. The information was provided by the above contact persons for publication at the date and time set above.
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