Brief: Norsk Titanium Considers Further Private Placement

Norsk Titanium AS

02/05/2023 07:24

May 2 (Reuters) - Norsk Titanium AS   NTI.OL :
    * UPDATED ON MONDAY CONTEMPLATED PRIVATE PLACEMENT
    * FOLLOWING COMPLETION OF MARCH PLACEMENT THE COMPANY IS
LOOKING
TO COMPLETE A FURTHER PRIVATE PLACEMENT OF EQUITY, DEBT AND/OR
EQUITY-LINKED SECURITIES
    * NEW PLACEMENT TO BE OF IN AN AGGREGATE AMOUNT OF UP TO $45
MLN 
    * PROCEEDS TO BE USED FOR GENERAL CORPORATE PURPOSES TO
SUPPORT
LONG-TERM GROWTH STRATEGY TOWARDS
    * TERMS OF ANY SECURITIES WILL BE DETERMINED AT THE TIME OF
PRICING OF THE PRIVATE PLACEMENT

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nObihRb10a
 Further company coverage:  NTI.OL  

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