UNICREDIT EXERCISES WARRANTS IN NORDIC MINES AB (PUBL) AND SUBSCRIBES FOR NEW SHARES
UniCredit Bank AG has today provided notice of subscription to the Board of
Dierctors of Nordic Mines AB (publ)
   ·   Exercise of 144,000 warrants corresponding to an equal amount of new
shares
   ·   The warrants were issued in 2010 in conjunction with the execution of a
project finance facility pursuant to a decision at a general meeting of the
shareholders of Nordic Mines AB (publ)
   ·   Dilution 0.39 percent
   ·   Subscription price 31 kronor 42 öre(1) corresponding to a total payment
of 4,524,480 kronor
UniCredit Bank AG ("UniCredit Bank") has decided to exercise 144,000 warrants
out of the 200,000 warrants issued to them in 2010 pursuant to a decision at a
general meeting of the shareholders in Nordic Mines AB (publ) ("Nordic Mines").
Today UniCredit Bank has submitted a subscription notice to the company. The
warrants were issued with an exercise period of 30 months.
Each warrant represents the right to subscribe for one new share in Nordic Mines
AB. The subscription price per share is 31 kronor 42 öre. The company will
receive payment in conjunction with the subscription. The Board of Directors of
the company plans to decide the allotment on 21 April, 2012. The increase of the
share capital with 144,000 kronor is expected to be registered with the Swedish
Companies Registration Office (Sw. Bolagsverket) by no later than 27 April,
2012 and the new shares are calculated to be available for trade on NASDAQ OMX
Stockholm two trading days following the registration with the Swedish Companies
Registration Office.
The exercise by UniCredit of the above number of warrants will result in a
dilution of 0.39 percent calculated on the basis of the present number of shares
(36,671,647). Following the exercise of the warrants, the total number of shares
in Nordic Mines will be 36,815,647.
For more information, please contact:
CEO Michael Nilsson phone no. +46 70 567 64 10, E-mail mille@nordicmines.se
www.nordicmines.se
The information in this press release is of the kind that Nordic Mines AB (publ)
is obliged to publish pursuant to the Swedish Securities Market Act (2007:528).
This press release was submitted for publication on 20 April, 2012 at 16.55 p.m.
(1)subscription price corresponding to 110 per cent of the average market price
per share in the company during 90 days prior to 28 July 2010, see press release
17 August 2010
Nordic Mines is a Nordic mining and exploration company whose goal is to be one
of the leading gold producers in Europe and a role model in respecting the
environment. The company started mining gold in the Laiva mine in Finland in
summer 2011. These gold deposits are among the largest in the Nordic region.
Exploration is in progress in Finland and Sweden. Nordic Mines has 86 employees
and its head office is in Uppsala. The Nordic Mines share is traded on the
Nasdaq OMX Mid Cap list in Stockholm. For more information, go to
www.nordicmines.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Nordic Mines AB via Thomson Reuters ONE
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