Eurobattery Minerals announces outcome of exercise of warrants of series TO5

On 18 October 2024, the exercise period for the mining company Eurobattery Minerals AB’s (Nordic Growth Market: “BAT” and Börse Stuttgart: “EBM”; in short: “Eurobattery Minerals” or the “Company”) warrants of series TO5 (“Warrants of series TO5”) ended, which were issued in connection with the Company’s rights issue of units in January 2024 (the “Rights issue”). Those who subscribed in the Rights issue received for each (1) unit two (2) new shares in the Company and one (1) warrant of series TO4 as well as one (1) Warrant of series TO5. Each (1) Warrant of series TO5 entailed the right to subscribe for one (1) new share in Eurobattery Minerals at a subscription price of SEK 0.40 per share, during the exercise period which commenced on 7 October and extended until 18 October 2024. In total, 60,992 Warrants of series TO5 were used for subscription of shares in the Company. The Company will thereby receive proceeds of approximately SEK 24 thousand before issue costs.