Skip to main content

Directed placement of 13.5 MSEK in cash – clarification

Written by Customer Service on . Posted in Public Companies.

Danderyd December 20, 2019The Copperstone Board December 19, 2019 decided to strengthen the Company’s cash position by 13.5 MSEK through a directed placement to a handful strategic long-term Swedish investors, using the authorisation from the Annual General Meeting of 2019. The price 0.40 SEK/share, representing a discount of 9.5% to VWAP during December 18, 2019, i e the day before the transaction, was considered to be comparable to other transactions in the market.
The investors of 13.5 MSEK were the following:JOHECA AB (Jörgen Olsson Håkan Eriksson)Spiky Investments AB (Emanuel Lipschütz)Skandinavkonsult i Stockholm AB (Håkan Eriksson)Emanuel LipschützGerhard DalNiclas LöwgrenThomas GidlundStockholm Capital Management AB (Jakob Järnblad Kristian Tasala)For further information, please contact Michael Mattsson (CEO) at +46(0)580-88890, or michael.mattsson@copperstone.se or refer to Copperstone webpage: www.copperstone.se.The information was delivered by the above-mentioned contact for publishing December 20, 2019 at 11:25 CET.About CopperstoneCopperstone is a public company trading as COPP B on Nasdaq First North Growth Market in Stockholm, Sweden. The Certified Adviser is Augment Partners AB, info@augment.se, +46 8 505 65 172. The Company is focused on base and precious metal exploration in the vicinity of the internationally recognized mining districts of Kiruna and the Skellefte-field in northern Sweden. In addition, the Company also owns an exploitation concession in the Bergslagen mining region, in central Sweden.Attachment20191220

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.