E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/3/2006 in the Prospect News PIPE Daily.

New Issue: Lappland Goldminers settles SEK 90.5 million stock sale

By Sheri Kasprzak

New York, March 3 - Lappland Goldminers AB said it has concluded a SEK 90.5 million private placement.

The company sold 1 million shares at SEK 90.5 each to a group of Swedish and Norwegian institutional and private investors.

Proceeds will be used to develop the company's gold projects.

Based in Lycksele, Sweden, Lappland is a gold exploration company.

Issuer:Lappland Goldminers AB
Issue:Stock
Amount:SEK 90.5 million
Shares:1 million
Price:SEK 90.5
Warrants:No
Settlement date:March 3
Stock symbol:Stockholm: 24773
Stock price:SEK 91.25 at close March 2

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.