News & Media

Minesto News Update 23 January 2020

January 23, 2020
News
· Video: Company presentation at renewable energy investor event (in Swedish) · Minesto proud sponsor of Marine Energy Wales Conference 2020 · TO3 Warrants has started trading · New International Strategy for Wales launched · EU announce €1 trillion Green Deal Investment Plan · WalesOnline: How the...Read more »
Video: Company presentation at renewable energy investor event (in Swedish) This week Minesto participated in the Swedish investor event Aktiekvällen themed renewable energy in Stockholm and Gothenburg. The company presentation and a following climate change panel debate with CEO Dr Martin Edlund... Read more »

Rights issue of shares and warrants is registered with the Swedish Companies Registration Office

January 20, 2020
Press releases
In December 2019, Minesto AB (publ) ("Minesto" or "the Company") carried out a rights issue of shares and warrants (units). The new shares and warrants have now been registered by the Swedish Companies Registration Office and will be admitted to trading on Nasdaq First North...Read more »
The rights issue comprised 6,085,226 units and the subscription price amounted to SEK 14.12 per unit. One (1) unit consisted of one (1) share and one (1) warrant of series TO3. Each TO3 warrant gives the holder a right to subscribe for one (1) new share in the Company during the period up to and... Read more »

Minesto extends the term for warrants of series P0

December 27, 2019
Press releases
The Board of Directors of Minesto AB (publ) ("Minesto" or "the Company") has decided to amend the terms and conditions of the warrants of Series P0 in the Company. The change means that the subscription period is extended from the end of 31 December 2019 to the end of 30 June...Read more »
In May 2013, the Board of Directors of Minesto decided to issue warrants of Series P0 to employees of the Company. One (1) P0 warrant gives the holder the right to subscribe for one (1) share in the Company at a subscription price of SEK 5.95. The subscription period for the P0 warrants expires 31... Read more »

Minesto’s rights issue was oversubscribed by 25 percent

December 20, 2019
Press releases
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD...Read more »
“We are very pleased with the outcome of the rights issue and grateful for the support we have received from existing and new shareholders. Together with the private placement in October, we have secured financial resources to both deliver our current projects and to give us the opportunity to... Read more »

Seasons Greetings & Happy Holidays!

December 17, 2019
Minesto Christmas 2019
News
From all of us at Minesto, we wish our owners, partners, suppliers, industry colleagues, and everyone working towards a more sustainable world a Merry Christmas & Happy New Year! Enjoy the holidays to the fullest! Note: Our offices are closed from 23 December 2019 to 1 January 2020. If you... Read more »

Video: #Sitdown with CEO Dr Martin Edlund (in Swedish)

December 11, 2019
Media
Finwire interviews Minesto's CEO Dr Martin Edlund about the company's product, customers, the sales process, scalability and the ongoing rights issue.Read more »

Major owner BGA Invest participates in ongoing rights issue – invests an additional SEK 20 million in Minesto

December 09, 2019
News
Minesto's largest shareholder BGA Invest has subscribed for units for approximately SEK 20 million in Minesto's ongoing rights issue, corresponding to just over 23 percent of the issue's total volume of approximately SEK 86 million. The investment means that Minesto's two main...Read more »
“It's obviously great to have this level of support and commitment of our two largest shareholders. BGA Invest and Midroc New Technology have been crucial to Minesto's development over the years and once again show their belief in the potential of the company and the product” , said Minesto's CEO... Read more »

Subscription period starts today December 4 and subscription price for warrants is adjusted

December 04, 2019
Press releases
Today December 4 the subscription period for Minesto AB's ("Minesto" or "the Company") new issue of units with pre-emptive rights for existing shareholders ("the Rights Issue") begins. The subscription period runs from December 4 to 18, 2019. Please note that...Read more »
Shareholders in the Company who were listed in the share register kept by Euroclear Sweden AB as of the record date on December 2, 2019 receive one (1) subscription right for each share held in Minesto. Sixteen (16) subscription rights entitle subscription to one (1) unit. One (1) unit contains one... Read more »

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