27 August, 2025
Eurobattery Minerals CEO conducts a sit-down interview with Finwire Media in conjunction with the ongoing rights issue
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Stockholm, 27 August 2025 - Eurobattery Minerals AB (Nordic Growth Market: “BAT” and Börse Stuttgart: “EBM”; in short: ”Eurobattery Minerals” or the “Company”) announced on July 14, 2025, the board’s proposal for an extraordinary general meeting on August 14, 2025, to carry out a rights issue of units of approximately SEK 78.5 million (the “Rights Issue”). The extraordinary general meeting on August 14, 2025, resolved to carry out the Rights Issue in accordance with the board’s proposal. Eurobattery Minerals can today announce that the Company’s CEO, Roberto García Martínez, has recently had a sit-down interview with Finwire Media, where he discusses the Company’s growth strategy, key projects like the San Juan tungsten mine, and why the Rights Issue represents a pivotal step toward securing Europe’s independence in critical raw materials. The subscription period for the Rights Issue runs from and including August 25, 2025, up to and including September 8, 2025. Please note that certain nominees, banks and custodians may have an earlier response deadline for subscription of units in the Rights Issue. Shareholders with nominee-registered holdings are therefore advised to check with their nominee, bank or custodian if they have an earlier response deadline.
In the interview, the CEO emphasized that the Rights Issue is a decisive step toward transforming Eurobattery Minerals into a revenue-generating company. He outlined how the proceeds will accelerate the San Juan wolfram project in Spain, including drilling campaigns, plant capacity expansion, and hopefully increasing ore reserves, as well as completing the bankable feasibility study for the Hautalampi project in Finland. The discussion also highlighted the Company’s commitment to securing a European supply of critical raw materials – from Europe, for Europe – while adhering to the highest environmental and social standards. With a clear roadmap and strong market fundamentals driven by the green energy transition, the CEO expressed confidence that Eurobattery Minerals is well-positioned for growth and long-term value creation for its shareholders.
You can find the interview HERE, or by copying this link: https://youtu.be/RPFifXDXF4Q
Summary of the Rights Issue
- Anyone who was registered as a shareholder in Eurobattery Minerals on the record date August 21, 2025, received one (1) unit right for each share in the Company. One (1) unit right entitles subscription of one (1) unit in the Rights Issue. One (1) unit contains three (3) new shares in the Company.
- The subscription price in the Rights Issue amounts to SEK 0.18 per unit, corresponding to a subscription price of SEK 0.06 per share.
- The Rights Issue can, if fully subscribed, provide Eurobattery Minerals with approximately SEK 78.5 million before transaction costs, which Eurobattery Minerals estimates to a maximum of approximately SEK 5.0 million, before set-off of outstanding claims amounting to approximately SEK 3.7 million and, if deemed appropriate, before early repayment of the outstanding convertible loan to Fenja Capital II A/S amounting to approximately SEK 4.0 million.
- The subscription period in the Rights Issue runs from and including August 25, 2025, up to and including September 8, 2025. Please note that certain nominees, banks and custodians may have an earlier response deadline for subscription of units in the Rights Issue. Shareholders with nominee-registered holdings are therefore advised to check with their nominee, bank or custodian if they have an earlier response deadline.
- The Rights Issue is covered by subscription undertakings of approximately SEK 3.7 million, corresponding to approximately 4.7 per cent of the Rights Issue, with way of payment through set-off of outstanding claims against the Company.
Preliminary timetable for the Rights Issue
Subscription period in the Rights Issue | August 25, 2025 – September 8, 2025 |
Trading in unit rights (UR) on NGM Nordic SME | August 25, 2025 – September 3, 2025 |
Trading in paid subscribed units (BTU) on NGM Nordic SME | August 25, 2025 – week 41, 2025 |
Preliminary date for publication of the outcome in the Rights Issue | September 10, 2025 |
Subscription with preferential rights
The shareholders who, on the record date of August 21, 2025, were registered in the share register maintained by Euroclear Sweden AB ("Euroclear") on behalf of the Company, directly registered shareholders, have received a pre-printed issue report with attached payment advice from Euroclear. In the event that a different number of unit rights than those stated in the preprinted issue report are used for subscription, the special application form, which is available on the Company's website www.eurobatteryminerals.com, shall be used as a basis for subscription through cash payment.
Shareholders whose holdings of shares in the Company were nominee-registered with a bank or other nominee on the record date do not receive an issue report or a special application form from Euroclear. Subscription and payment must then instead take place in accordance with instructions from the respective trustee.
Subscription without preferential rights
Notification of subscription without preferential rights by a nominee is made in accordance with instructions from the respective nominee. For subscription through an endowment insurance or an investment savings account, please contact your nominee. Application for subscription without preferential rights in other respects is done by electronic subscription with Bank-ID on Mangold's website, emission.mangold.se.
Advisors
Mangold Fondkommission AB is financial advisor and Foyen Advokatfirma i Sverige KB is legal advisor to the Company in connection with the Rights Issue.
Important information
Publication, release or distribution of this press release may in certain jurisdictions be subject to legal restrictions and people in the jurisdictions where this press release has been made public or distributed should be informed of and follow such legal restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer or solicitation to buy or subscribe for any securities in Eurobattery Minerals in any jurisdiction, either from Eurobattery Minerals or from anyone else.
This press release is not a prospectus according to the definition in the Prospectus Regulation and has not been approved by any regulatory authority in any jurisdiction. No prospectus will be prepared in connection with the Rights Issue. The Company has instead prepared and published an information document in accordance with what is prescribed in Annex IX of the Prospectus Regulation.
This press release does not constitute an offer or solicitation to buy or subscribe for securities in the United States. The securities mentioned herein may not be sold in the United States without registration, or without an exemption from registration, under the U.S. Securities Act from 1933 ("Securities Act"), and may not be offered or sold within the United States without being registered, covered by an exemption from, or part of a transaction that is not subject to the registration requirements according to the Securities Act. There is no intention to register any securities mentioned herein in the United States or to issue a public offering of such securities in the United States. The information in this press release may not be released, published, copied, reproduced or distributed, directly or indirectly, wholly or in part, in or to Australia, Hong Kong, Japan, Canada, New Zealand, Singapore, South Africa, the United States or any other jurisdiction where the release, publication or distribution of this information would violate current rules or where such an action is subject to legal restrictions or would require additional registration or other measures beyond those that follow from Swedish law. Actions in contravention of this instruction may constitute a violation of applicable securities legislation.
Forward-looking statements
This press release contains forward-looking statements related to the Company’s intentions, estimates or expectations with regard to the Company’s future results, financial position, liquidity, development, outlook, estimated growth, strategies and opportunities as well as the markets in which the Company is active. Forward-looking statements are statements that do not refer to historical facts and can be identified by the use of terms such as "believes," "expects," "anticipates," "intends," "estimates," "will," "may," "implies," "should," "could" and, in each case, their negative, or comparable terminology. The forward-looking statements in this press release are based on various assumptions, which in several cases are based on further assumptions. Although the Company believes that the assumptions reflected in these forward-looking statements are reasonable, there is no guarantee that they will occur or that they are correct. Since these assumptions are based on assumptions or estimates and involve risks and uncertainties, actual results or outcomes, for many different reasons, may differ materially from those what is stated in the forward-looking statements. Due to such risks, uncertainties, eventualities and other significant factors, actual events may differ materially from the expectations that expressly or implicitly are contained in this press release through the forward-looking statements. The Company does not guarantee that the assumptions which serve as a basis for the forward-looking statements in this press release are correct, and each reader of the press release should not rely on the forward-looking statements in this press release. The information, opinions and forward-looking statements that expressly or implicitly are stated herein are provided only as of the date of this press release and may change. Neither the Company nor any other party will review, update, confirm or publicly announce any revision of any forward-looking statement to reflect events that occur or circumstances that arise with respect to the contents of this press release, beyond what is required by law or Nordic Growth Markets' and Börse Stuttgart’s rules.
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Eurobattery Minerals announces the publication of an information document in connection with the rights issue
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