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Eurobattery Minerals Sets Warrant Subscription Price at SEK 0.40

Eurobattery Minerals AB, listed on the Nordic Growth Market and Börse Stuttgart, announces the subscription price for exercising its TO5 warrants at SEK 0.40 per share. The mining company completed a rights issue in January, which included shares and TO5 warrants. All holders of TO5 warrants can subscribe to one new share for each warrant held within the subscription window from October 7 to 18, 2024.

The total outstanding warrants of series TO5 amount to 33,268,890. If fully exercised, this could increase the company’s shares to 185,500,942, raising SEK 13.3 million before costs. The final trading date for these warrants is set for October 16, 2024, with outcomes reported on October 22, 2024. Full warrant exercise could result in a 17.9% dilution for non-participating existing investors.

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