The Board of Kopy Goldfields AB (publ) ("Kopy Goldfields" or "the Company") has today published the prospectus regarding the forthcoming capital raising.
The proceeds from the Rights issue, if fully subscribed, may provide the Company with approximately SEK 24.8 million before transaction costs. Assuming full exercise of warrants, the Company may be added an additionally SEK 13.0 million. A number of major shareholders, representing more than 60% of the shares and votes, have in advance indicated their support to participate in the rights issue on a pro rata basis, which means that they intend to use all of their subscription rights.
The prospectus is available in Swedish at: www.aqurat.se and on the Company’s homepage www.kopygoldfields.com.
Printed copies of the prospectus will also be available at Kopy Goldfields AB, Skeppargatan 27, 4th floor, Stockholm as of November 16, 2012.
Financial advisor
Aqurat Fondkommission is acting as financial advisor to Kopy Goldfields in relation to the transaction.
Terms of the rights issue in brief
Those who were registered as shareholders on the record date November 15, 2012, have the preferential right to subscribe for one (1) unit for each five (5) existing shares. Each unit consists of two (2) new shares in the Company and one (1) warrant.
Subscription price: 7.60 SEK per unit
Subscription period: November 19 - December 4, 2012
Each warrant entitles the holder the right to subscribe for one (1) new share in the Company at a subscription price of 4.00 SEK/share during the period of November 1 - December 30, 2013.
Stockholm, November 16, 2012
For more information, please contact:
Mikhail Damrin, CEO, +7 916 808 12 17, mikhail.damrin@kopygoldfields.com
Tim Carlsson, CFO, + 46 702 31 87 01, tim.carlsson@kopygoldfields.com
The following documents can be retrieved from beQuoted
Kopy Goldfields Pressrelease 2012-11-16 (English).pdf
Kopy Goldfields Pressrelease 2012-11-16 (Swedish).pdf
Mer information från beQuoted
Nyhetsrum Kopy Goldfields (Swedish)
This press release may not, directly or indirectly, be made public, published or distributed, in or to USA, Australia, Japan, Canada, New Zealand, Hong Kong, South Africa or any other country where such act in full or in part is subject to legal restrictions. Nothing in this press release shall be considered an offer to invest or otherwise to trade in securities in Kopylovskoye. The contemplated rights issue and the attached warrants will not be directed to persons resident or domiciled in USA, Australia, Japan, Canada, New Zealand, Hong Kong, South Africa or any other country where such act would require additional prospectus, other offering documentation, registration measures or other acts in addition to what is required under Swedish law. No securities will be registered under the United States Securities Act 1933, nor under any corresponding law in any state in USA, nor under any provincial law in Canada and nor under any applicable law in any other country.
About Kopy Goldfields AB
Kopy Goldfields AB (publ), listed at NASDAQ OMX First North in Stockholm is a gold exploration and production company operating in one of the most gold rich areas in the world; Lena Goldfields, Bodaibo, Russia. The major owner is Eldorado Gold Corp. The company holds 100% of nine bedrock exploration‐ and production licenses on 486 sq km. The long term target is to develop a gold exploration and production company with resources of 5Moz supporting annual gold production of 0.2 Moz.
Kopy Goldfields AB applies International Financial Reporting Standards (IFRS), as approved by the European Union. Aqurat Fondkommission acts as Certified Adviser, contact number: +46 8‐544 987 55.
The Share
Ticker: KOPY
www.nasdaqomxnordic.com/firstnorth/
Outstanding shares: 16 322 587
Kopy Goldfields: Publication of prospectus regarding Kopy Goldfields' forthcoming capital raising
| Source: Kopy Goldfields