Brief: Northgold Rights Issue Subscribed To 19.4%

Northgold AB

26/09/2024 07:28

Sept 26 (Reuters) - Northgold AB  NGOL.ST :
    * SAID ON WEDNESDAY COMPANY ANNOUNCES THE OUTCOME OF THE
RIGHTS
ISSUE OF UNITS
    * THE SUBSCRIPTION PERIOD IN THE RIGHTS ISSUE ENDED ON 24
SEPTEMBER 2024
    * RIGHTS ISSUE HAS BEEN SUBSCRIBED TO 19.4 PER CENT WITH AND
WITHOUT UNIT RIGHTS
    * CONSEQUENTLY, UNDERWRITING COMMITMENTS OF 1,550,692 UNITS,
CORRESPONDING TO APPROXIMATELY 30.6 PER CENT OF THE RIGHTS
ISSUE, WILL BE UTILIZED
    * THE COMPANY WILL RECEIVE APPROXIMATELY SEK 7.6 MILLION
BEFORE
THE REPAYMENT OF A BRIDGE LOAN OF SEK 1.3 MILLION AND ISSUING
COSTS

        
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