Brief: Atlantic Sapphire Contemplates Private Placement
16/03/2023 15:38
March 16 (Reuters) - Atlantic Sapphire ASA ASA.OL :
* CONTEMPLATED PRIVATE PLACEMENT
* PRICE PER OFFER SHARE IN PRIVATE PLACEMENT IS SET TO A FIXED PRICE OF NOK 5.00
* INTENDS TO RAISE GROSS PROCEEDS OF APPROXIMATELY NOK EQUIVALENT OF USD 50 MILLION
* NET PROCEEDS TO PROVIDE CO WITH SUFFICIENT FINANCIAL RUNWAY, INCLUDING BUFFER, TO ACHIEVE
PHASE
1 STEADY-STATE PRODUCTION AND PROFITABILITY
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