Brief: Nordic Mining Sells Keliber Stake For EUR 46.9 Mln

Nordic Mining ASA

30/06/2022 08:08

June 30 (Reuters) - Nordic Mining ASA  NOM.OL :
    * SELLS KELIBER STAKE FOR EUR 46.9 MILLION (NOK 483 MILLION)
    * COMPANY HAS IRREVOCABLE ACCEPTED TO SELL ITS SHARES IN
KELIBER
OY TO SIBANYE STILLWATER LIMITED FOR A CASH CONSIDERATION OF EUR
157.28 PER SHARE, IN TOTAL EUR 46.9 MILLION (NOK 483 MILLION)
    * FUNDS FROM SALE WILL BE CONTRIBUTED AS EQUITY TOWARDS
PROJECT
FINANCING PACKAGE FOR ENGEBØ RUTILE AND GARNET PROJECT
    * TRANSFER OF SHARES AND SETTLEMENT OF CASH CONSIDERATION TO
TAKE
PLACE IN PERIOD 13 SEPTEMBER TO 19 SEPTEMBER 2022, UNLESS OFFER
PERIOD IS EXTENDED

Source text for Eikon:  ID:nObiHNp0xa 
Further company coverage:  NOM.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))