Brief: Arctic Minerals Carries Out Directed Share Issue Of About SEK 5.3 Mln

Arctic Minerals AB (publ)

10/03/2023 08:54

March 9 (Reuters) - Artic Minerals AB  ARCT.ST :
    * SAID ON THURSDAY ARCTIC MINERALS CARRIED OUT A DIRECTED
SHARE
ISSUE OF ABOUT SEK 5.3 MILLION
    * SUBSCRIPTION PRICE IN THE DIRECTED NEW SHARE ISSUE IS SEK
0.55
PER SHARE
    * SUBSCRIPTION PRICE IN DIRECTED NEW SHARE ISSUE CONSTITUTES
A
DISCOUNT OF ABOUT 5% COMPARED TO CLOSING PRICE ON NASDAQ FIRST
NORTH GROWTH MARKET ON MARCH 9, 2023
    * 9,689,100 NEW SHARES WILL BE ISSUED IN THE DIRECTED NEW
SHARE
ISSUE, WHICH MEANS THAT THE COMPANY WILL RECEIVE ISSUE PROCEEDS
OF SEK 5,329,005 BEFORE ISSUE COSTS
    * THE CAPITAL RAISED IN THE DIRECTED NEW SHARE ISSUE WILL BE
USED
TO STRENGTHEN THE COMPANY'S WORKING CAPITAL

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nBQN1gGzXM
 Further company coverage:  ARCT.ST