Northland erbjuder obligationen med ändrade villkor

OBS! Detta är en svensk översättning/sammanfattning som Northland tillhandahåller som komplement till motsvarande officiella dokument, vilket publicerats på det engelska språket och finns tillgängligt via bolagets webbplats, www.northland.eu

Luxemburg, 20 maj 2013 – Northland Resources S.A. (OSE: NAUR, Frankfurt: NPK, First North/Nasdaq: NAURo – tillsammans med dess dotterbolag, “Northland”, eller “Bolaget”) meddelar att Bolaget erbjuder obligationen med ändrade villkor.

Northland meddelade den 7 maj 2013 att Bolaget lanserade ett obligations­erbjudande om 362 miljoner US-dollar. I ett pressmeddelande den 15 maj meddelade Bolaget att teckningsperioden förlängdes till den 17 maj 2013. Samtidigt som Bolaget upplevt ett stort intresse för det ursprungliga erbjudandet har några större order varit villkorade av förändrade villkor. Bolaget har därför beslutat att erbjuda nya villkor för obligationslånet. Bland de viktigaste förändringarna ingår:

  • Det totala lånebeloppet minskas från 362 miljoner US-dollar till 335 miljoner US-dollar
  • Kupongräntan ökas från 12 procent till 15 procent
  • Warranter inlösningsbara mot aktier i Northland Resources S.A. för motsvarande 50 procent av det totala antalet aktier (tidigare 14,2 procent)
  • Antalet styrelseledamöter som kan utses av ägarna av det nya obligationslånet utökas från en till två.

Fler detaljer kring de nya villkoren för obligationslånet samt för nuvarande aktie­ägare samt övriga intressenter återfinns i det engelskspråkiga press­meddelandet som publicerats på Bolagets webbplats www.northland.eu

Teckningsperioden för obligationslånet sträcker sig till och med senast onsdag den 22 maj 2013.

Arctic Securities ASA och Pareto Securities AS är Joint Lead Managers och Bookrunners för obligationserbjudandet. Ocean Equities Ltd är Co-Lead Manager.

“Karl-Axel Waplan”
VD och koncernchef, Northland Resources S.A.

För ytterligare information vänligen kontakta:

Karl-Axel Waplan, VD och koncernchef: 0705 104 239

Eva Kaijser, CFO: 0709 320 901

Petter Brunnberg, Investor Relations: 0727 24 41 09

Webbplats: www.northland.eu

Northland är en producent av järnmalm med en portfölj av produktion, utvecklings- och prospekteringsprojekt i norra Sverige och Finland. Den första byggfasen av Kaunisvaara-projektet är färdig och drifttagningen startade i november 2012. Northland avser att producera ett höghaltigt och högkvalitativt järnmalmskoncentrat i svenska Kaunisvaara, där Bolaget har två fyndigheter, Tapuli och Sahavaara, med magnetitmalm. Northland har ingått så kallade ”off-take agreements” för hela produktionen från Kaunisvaara de kommande sju till tio åren. Bolaget förbereder även en lönsamhetsstudie (DFS) för Hannukainen-projektet i Kolari i norra Finland. Hannukainen är en så kallad IOCG-fyndighet, vilket innebär att det utöver järnmalm även kan utvinnas guld och koppar. Bolaget förbereder även en DFS för Pellivuoma-fyndigheten som ligger 15 km från anrikningsverket i Kaunisvaara.

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