Shares sold at SEK 51.00 each via bookrunner Carnegie Investment Bank
By Devika Patel
Knoxville, Tenn., March 8 - Nordic Mines AB said it completed a SEK 89.25 million private placement of stock. Carnegie Investment Bank was the bookrunner.
The company sold 1.75 million shares at SEK 51.00 per share. The price per share is a 0.49% discount to the March 7 closing share price of SEK 51.25.
Proceeds will be used to strengthen working capital and for exploration work.
Nordic is based in Uppsala, Sweden, and explores for gold and other metals.
| Issuer: | Nordic Mines AB
|
| Issue: | Stock
|
| Amount: | SEK 89.25 million
|
| Shares: | 1.75 million
|
| Price: | SEK 51.00
|
| Warrants: | No
|
| Bookrunner: | Carnegie Investment Bank
|
| Settlement date: | March 8
|
| Stock symbol: | Stockholm: NOMI
|
| Stock price: | SEK 51.25 at close March 7
|
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