Brief: Carbon Transition Completes Private Placement

Fjord Defence ASA

14/10/2021 06:09

Oct 14 (Reuters) - Carbon Transition ASA  CARBN.OL :
    * PRIVATE PLACEMENT SUCCESSFULLY COMPLETED
    * RAISED APPROXIMATELY NOK 35 MILLION IN GROSS PROCEEDS
THROUGH A
PRIVATE PLACEMENT
    * PRICE PER SHARE OF NOK 1.3
    * PLACEMENT WAS OVERSUBSCRIBED
    * DECIDED TO LIMIT EQUITY ISSUE TO MINIMUM AMOUNT OF VOLUME
RANGE
    * NET PROCEEDS OF PRIVATE PLACEMENT WILL BE USED TO
STRENGTHEN
COMPANY'S CASH HOLDINGS

Source text for Eikon:  ID:nObiH5NZ5a 
Further company coverage:  CARBN.OL 

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