Brief: Sotkamo Silver Enters Into Agreement To Amend Terms And Conditions For Convertibles 2019/2020

Sotkamo Silver AB

15/04/2020 08:36

April 15 (Reuters) - Sotkamo Silver AB  SOSIL.NGM :
    * SOTKAMO SILVER ENTERS INTO AN AGREEMENT TO AMEND THE TERMS
AND
CONDITIONS FOR CONVERTIBLES 2019/2020
    * NEW MATURITY DATE FOR LOAN IS 31 MAY 2021
    * COMPANY AND FORMUE NORD MARKEDSNEUTRAL A/S HAVE, INTER
ALIA,
AGREED TO POSTPONE MATURITY DATE OF LOAN AND PERIOD WITHIN WHICH
CONVERSION CAN BE MADE WITH ONE YEAR
    * CONVERSION PERIOD RUN FROM 1 MAY 2021 UNTIL 31 DECEMBER
2021
    * AS REMUNERATION FOR PROLONGING CONVERTIBLES, FORMUE NORD
MARKEDSNEUTRAL A/S RECEIVES A CASH PAYMENT OF MSEK 0.75

Source text for Eikon:  ID:nWkr4TKjsQ 
Further company coverage:  SOSIL.NGM 

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