Brief: Minesto Raises SEK 100.2 Mln In Rights Issue

Minesto AB

03/04/2024 07:39

April 3(Reuters) - Minesto AB  MINEST.ST :
    * SAID ON TUESDAY PRELIMINARY OUTCOME IN RIGHTS ISSUE
INDICATES
6,527,171 UNITS, OR ABOUT 48.7%, HAVE BEEN SUBSCRIBED FOR WITH
THE SUPPORT OF UNIT RIGHTS
    * ADDITIONALLY, APPLICATIONS FOR SUBSCRIPTION OF 288,226
UNITS
WITHOUT SUPPORT OF UNIT RIGHTS, CORRESPONDING TO ABOUT 2.2% OF
RIGHTS ISSUE, HAVE BEEN RECEIVED
    * GUARANTEE COMMITMENTS OF PRELIMINARY 4,312,385 UNITS,
CORRESPONDING TO ABOUT 32.2% OF THE RIGHTS ISSUE, WILL BE
UTILISED
    * RIGHTS ISSUE WILL PROVIDE CO WITH PROCEEDS OF ABOUT SEK
100.2
MILLION BEFORE DEDUCTION OF COSTS 
    * UPON FULL EXERCISE OF ALL WARRANTS OF SERIES TO4, CO IS
EXPECTED
TO RAISE UP TO ADDITIONAL SEK 50.1 MILLION 

        
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