Brief: Saga Pure ASA Invests NOK 35 Million In Blue Ammonia Company Horisont Energi

Saga Pure ASA

28/12/2020 15:17

Dec 28 (Reuters) - Saga Pure ASA  SAGT.OL :
    * REG-SAGA PURE ASA: INVESTS NOK 35 MILLION IN BLUE AMMONIA
COMPANY HORISONT ENERGI
    * HAS COMMITTED TO SUBSCRIBE FOR NOK 35 MILLION IN A PRIVATE
PLACEMENT OF NEW SHARES IN HORISONT ENERGI AS
    * FOLLOWING THE PLACEMENT SAGA WILL OWN 11.7% OF CO
    * HORISONT ENERGI WILL USE NET PROCEEDS FROM PRIVATE
PLACEMENT TO
BUILD ORGANIZATION AND MAKE PREPARATORY WORK TO REACH A FINAL
INVESTMENT DECISION FOR FIRST PROJECT IN NORTHERN NORWAY

Source text for Eikon:  ID:nGNE8PFQ4j 
Further company coverage:  SAGT.OL 

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