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    HBC — Hofseth Biocare ASA News Story

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    Brief: Hofseth Biocare announces net cash proceeds from private placement of NOK 57.4 mln

    Picture of Hofseth Biocare ASA logoHofseth Biocare ASA
    22/06/2018 21:04
    June 22 (Reuters) - Hofseth Biocare ASA  HOFBC.OL :
    * NET CASH PROCEEDS FROM PRIVATE PLACEMENT OF NOK 57.4
MILLION
(EXCLUDING CONVERSION OF DEBT)
    * HOFSETH BIOCARE- OF NET CASH PROCEEDS FROM PRIVATE
PLACEMENT,
NOK 10 MILLION TO BE USED IN CONNECTION WITH AN INVESTMENT IN A
NEW CALCIUM PRODUCTION-LINE
    * HOFSETH BIOCARE- NOK 30 MILLION WILL BE USED IN ORDER TO
INVEST
IN A NEW SPRAY-DRYER AT MIDSUND

Source text for Eikon:  ID:nGNE5xF7nY 
Further company coverage:  HOFBC.OL 

 ((Reuters.Briefs@thomsonreuters.com;))

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