Eurobattery Minerals publishes prospectus and invites to investor meeting
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SWITZERLAND, SINGAPORE, SOUTH AFRICA, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION OF THIS PRESS RELEASE WOULD BE UNLAWFUL, BE SUBJECT TO LEGAL RESTRICTIONS OR WOULD REQUIRE REGISTRATION OR OTHER MEASURES.
Stockholm, 5 December 2022 – The Board of Directors of the mining company Eurobattery Minerals AB (Nordic Growth Market: “BAT” and Börse Stuttgart: “EBM”; in short: “EBM”, “Eurobattery” or “the Company”)decided on a rights issue of units amounting to approximately SEK 49.6 million (the "Rights issue") on 31 October 2022, which was approved by the Extraordinary General Meeting on 30 November 2022. The Extraordinary General Meeting also authorised the Board of Directors to decide on an over-allotment issue of units amounting to a maximum of SEK 15.0 million (the "Over-allotment issue") in the event of over-subscription in the Rights issue. Due to the Rights issue, the Board of Directors has prepared a prospectus which has been published today on 5 December 2022. Furthermore, the Company will hold a digital investor meeting with the CEO of the Company, Roberto García Martínez, on 14 December 2022.
In connection with the Rights issue, the Board of Directors of Eurobattery has prepared an EU growth prospectus which today has been approved and registered by the Swedish Financial Supervisory Authority and subsequently published by the Company. The Prospectus is available for download on the Company’s issue site, www.eurobatteryminerals.com/en/rights-issue-2022/, Augment Partner AB’s offer site, www.augment.se/offerings/, on Aqurat Fondkommission AB’s website, www.aqurat.se, and as an attachment to this press release. The Prospectus will also be available on the Swedish Financial Supervisory Authority’s website, www.fi.se/en/. Subscription forms will be available on the websites mentioned above before the subscription period starts on 7 December 2022.
Indicative timetable for the Rights issue
7 December – 16 December 2022
Trading in unit rights at NGM Nordic SME
7 December – 21 December 2022
7 December 2022 – registration at the Swedish Companies Registration Office
Trading in interim units (BTU)
22 December 2022
Announcement of the outcome of the Rights issue
Invitation to the Company’s investor meeting
The CEO of Eurobattery, Roberto García Martínez, will be presenting the Company at an investor meeting on Wednesday 14 December 2022 between 5:00 – 6:00 PM CET. Shareholders and other stakeholders have the opportunity to follow the presentation in real-time and ask questions to the Company during the subsequent Q&A session or, alternatively, watch the event afterwards on Financial Hearings’ webcast.
Augment Partners AB is acting as the financial advisor and Bird & Bird Advokat KB is acting as the legal advisor in the transaction.
About Eurobattery Minerals
Eurobattery Minerals AB is a Swedish mining company listed on Swedish Nordic Growth Market (BAT) and German Börse Stuttgart (EBM). With the vision to make Europe self-sufficient in responsibly mined battery minerals, the company’s focus is to realize numerous nickel-cobalt-copper projects in Europe to supply critical raw materials and, as such, power a cleaner world.
Publication or distribution of this press release may in some jurisdictions be subject to statutory and legal restrictions and persons in those jurisdictions where this press release has been published or distributed should inform themselves about and observe such restrictions. The information in this press release does not constitute an offer to acquire, subscribe or otherwise trade in shares or other securities in Eurobattery Minerals.
This press release does not constitute an offer to acquire securities in the United States. The securities mentioned herein may not be sold in the United States without registration in accordance with The Securities Act of 1933 or without the application of an exception to such registration. The information in this press release may not be released, published, reproduced or distributed in or to the United States, Australia, Canada, New Zealand, Hong Kong, Japan, Switzerland, Singapore, South Africa, or any other country or jurisdiction where such action is not permitted or such action is subject to legal restrictions or would require further registration or other measures than required by Swedish law. Measures contrary to this instruction may constitute a breach of applicable securities laws.