Brief: Sotkamo Silver: Directed Share Issue And Issue Of Convertibles

Sotkamo Silver AB

10/05/2019 07:41

May 10 (Reuters) - Sotkamo Silver AB  SOSIL.NGM :
    * RESOLVED TO DIRECT A SHARE ISSUE OF MAX 4,200,000 SHARES
AND AN
ISSUE OF CONVERTIBLES WITH A TOTAL NOMINAL AMOUNT OF MAXIMUM OF
15 MSEK, RAISING THE PROCEEDS OF MAXIMUM 29.4 MSEK
    * DIRECTED SHARE ISSUE OF MAXIMUM OF 4,200,000 SHARES FOR A
SUBSCRIPTION PRICE OF SEK 3.60 PER SHARE
    * IF SHARE ISSUE IS FULLY SUBSCRIBED, COMPANY WILL OBTAIN
SEK
15,120,000 BEFORE ISSUE COSTS

Source text for Eikon:  ID:nWkrbqxYCN 
Further company coverage:  SOSIL.NGM 

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