Brief: Atlantic Sapphire Contemplates Underwritten Private Placement

Atlantic Sapphire ASA

29/02/2024 15:45

Feb 29 (Reuters) - Atlantic Sapphire ASA  ASA.OL :
    * ATLANTIC SAPPHIRE ASA: CONTEMPLATED UNDERWRITTEN PRIVATE
PLACEMENT AND Q4 2023 OPERATIONAL UPDATE
    * TO RAISE GROSS PROCEEDS OF NOK EQUIVALENT OF ABOUT USD 35
MILLION
    * SUBSCRIPTION PRICE WILL BE DETERMINED VIA ACCELERATED
BOOK-BUILDING BUT NOT BE LOWER THAN NOK 1.20
    * WILL USE PROCEEDS TO SUPPORT PHASE 1 TO PROVEN STATE,
GENERAL
CORPORATE PURPOSES

Source text for Eikon:  ID:nObivMqYja 
Further company coverage:  ASA.OL 

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