{"id":7223,"date":"2024-11-06T07:15:00","date_gmt":"2024-11-06T07:15:00","guid":{"rendered":"https:\/\/investors.eurobatteryminerals.com\/press-releases\/eurobattery-minerals-welcomes-continued-strong-support-from-major-investors-in-ongoing-rights-issue\/"},"modified":"2024-11-06T08:16:46","modified_gmt":"2024-11-06T07:16:46","slug":"eurobattery-minerals-welcomes-continued-strong-support-from-major-investors-in-ongoing-rights-issue","status":"publish","type":"post","link":"https:\/\/investors.eurobatteryminerals.com\/en\/press-releases\/eurobattery-minerals-welcomes-continued-strong-support-from-major-investors-in-ongoing-rights-issue\/","title":{"rendered":"Eurobattery Minerals welcomes continued strong support from major investors in ongoing rights issue"},"content":{"rendered":"\n
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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, 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.<\/p>\n<\/div>\n\n\n\n

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Eurobattery Minerals AB (Nordic Growth Market: BAT and B\u00f6rse Stuttgart: EBM; in short: \u201cEurobattery Minerals\u201d or the \u201cCompany\u201d) is pleased to announce that a leading Swiss investment company has committed to a significant investment in the Company\u2019s ongoing rights issue, contributing approximately 6.2 per cent of the total.<\/strong><\/p>\n<\/div>\n\n\n\n

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One of Eurobattery Minerals\u2019 largest shareholders, an investment company from Switzerland, has informed the Company that they have subscribed for approximately SEK 2.2 million or approximately 6.2 per cent of the ongoing rights issue of approximately SEK 35.5 million.<\/p>\n

As previously announced, the Company has received subscription commitments from members (current and previous) of the Board of Directors and the management team totalling approximately SEK 3.1 million or approximately 8.7 per cent of the rights issue. The combined known subscriptions from members of the Board and management (current and previous) and larger shareholders now total approximately SEK 5.3 million or approximately 14.9 per cent of the rights issue.<\/p>\n

\u201cWe are thrilled by the strong support from our major investors, which reflects their belief in our mission to secure responsibly sourced battery minerals for Europe. This commitment, particularly from one of our largest shareholders, underscores confidence in our vision and our strategic direction. Together with our dedicated team, we remain focused on developing sustainable solutions that support Europe\u2019s journey toward a cleaner, self-sufficient future,\u201d <\/em>said Roberto Garc\u00eda Mart\u00ednez, CEO of Eurobattery Minerals.<\/p>\n

All these contributions highlight the steadfast confidence of our largest investors in Eurobattery Minerals\u2019 vision and strategic goals.<\/p>\n

This investment reinforces our commitment to responsible battery mineral exploration and development in Europe, aligning with our vision to power a cleaner, self-sufficient future.<\/p>\n

The subscription period for Eurobattery Minerals\u2019 rights issue runs until November 13, 2024.<\/p>\n

IMPORTANT INFORMATION<\/strong>
Publication, release or distribution of this press release may in certain jurisdictions be subject to legal restrictions and persons 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 in any jurisdiction, either from Eurobattery or from anyone else.<\/p>\n

This press release is not a prospectus according to the definition in Regulation (EU) 2017\/1129 (the “Prospectus Regulation<\/strong>“) and has not been approved by any regulatory authority in any jurisdiction. A prospectus regarding the Rights issue which is described in this press release has been registered by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) and is available, among other things, on Eurobattery\u2019s website.<\/p>\n

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<\/strong>“), 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.<\/p>\n<\/div>\n\n\n\n

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About Eurobattery Minerals<\/strong>
Eurobattery Minerals AB is a Swedish mining company listed on Swedish Nordic Growth Market (BAT<\/a>) and German B\u00f6rse Stuttgart (EBM<\/a>). With the vision to make Europe self-sufficient in responsibly mined battery minerals, the company\u2019s focus is to realize numerous nickel-cobalt-copper projects in Europe to supply critical raw materials and, as such, power a cleaner world.<\/p>\n

Please visit www.eurobatteryminerals.com<\/a> for more information. Feel free to follow us on LinkedIn<\/a> and X<\/a> as well.<\/p>\n<\/div>\n\n\n\n

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Contacts<\/strong>
Roberto Garc\u00eda Mart\u00ednez \u2013 CEO
E-mail: info@eurobatteryminerals.com<\/a><\/p>\n

Contact investor relations<\/strong>
E-mail: ir@eurobatteryminerals.com<\/a><\/p>\n

Mentor<\/strong>
Augment Partners AB is the mentor to Eurobattery Minerals AB
Phone: +46 (0) 86 042 255
E-mail: info@augment.se<\/a><\/p>\n<\/div>\n\n\n\n

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Attachments<\/strong>
Eurobattery Minerals welcomes continued strong support from major investors in ongoing rights issue<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, 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. 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