Brief: Farm 51 Group Signs 3.75 Mln Zloty Loan To Fund 'Chernobylite 2: Exclusion Zone'

Farm 51 SA

09/06/2025 06:42

June 9 (Reuters) - Farm 51 Group F51.WA:

SAID ON FRIDAY THAT IT HAS SIGNED A 3.75 MLN ZLOTY INVESTMENT LOAN WITH SMART MONEY FIZ

LOAN TO SUPPORT STRATEGIC PROJECTS, PRIMARILY "CHERNOBYLITE 2: EXCLUSION ZONE"

SMART MONEY FIZ TO PAY 1 MLN ZLOTY ADVANCE ON LOAN

UNDER DEAL, CEO AND DEPUTY CEO TO LEND 500,000 COMPANY  SHARES IN TOTAL TO SMART MONEY FIZ

UNDER DEAL, SMART MONEY FIZ CAN DISPOSE OF BORROWED SHARES AT ITS DISCRETION AND HAS RIGHT TO SUBSCRIBE TO NEW SHARES IN COMPANY'S SHARE CAPITAL TO FACILITATE LOAN REPAYMENT

COMPANY TO ISSUE UP TO 500,000 NEW SHARES AT 4.50 ZLOTYS PER SHARE, WHICH WILL BE SUBSCRIBED FOR BY SMART MONEY FIZ AND THEN USED TO RETURN BORROWED SHARED TO THE SHAREHOLDERS

UNDER DEAL, COMPANY TO ALSO ADOPT CONDITIONAL SHARE CAPITAL INCREASE UP TO 30,000 ZLOTYS BY ISSUING UP TO 300,000 J SERIES SHARES AT 5.00 ZLOTYS PER SHARE

J SERIES SHARES TO BE OFFERED TO HOLDERS OF SERIES A SUBSCRIPTION WARRANTS, PROVIDED THAT THE ISSUE WILL BE DIRECTED AT SMART MONEY FIZ OR ENTITY INDICATED BY IT

 Source text: nEM7hbDD9a
 Further company coverage: F51.WA

 (Gdansk Newsroom)

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