Nidhogg Resources Holding: Determination of Subscription Price for TO 6

The Board of Directors of Nidhogg Resources Holding AB (publ) (“Nidhogg” or “the Company”) has set the subscription price for the shares through the exercise of the TO 6 warrants at SEK 0.02 per share. This is 70 percent of the weighted average price of the shares as traded on the Spotlight Stock Market during the period from September 23 to October 4, 2024.

 

The warrants can be exercised to subscribe for newly issued shares in Nidhogg for SEK 0.02 per share during the period from October 14 to October 25, 2024. Those who do not intend to use their warrants to subscribe for shares are encouraged to sell them on the market. The warrants will be traded on Spotlight until October 25, 2024. Warrants that are not exercised for the subscription of shares will expire and become null and void after October 25, 2024.

 

Mats Ekberg, board member of Nidhogg, has provided a bottom guarantee commitment of SEK 5 million in the exercise of TO6 series warrants through his wholly-owned company Företagsfinansiering Fyrstad AB. Företagsfinansiering Fyrstad will receive compensation of 14 percent in the form of shares in Nidhogg, which will be paid by the principal shareholders of Nidhogg. The guarantee has been provided at no cost to the Company.

 

Contact

Ulrich Andersson, Chairman of Nidhogg Resources Holding AB (publ)

Email: [email protected]
Phone: +46 70 376 0515

 

Or

 

Niclas Biornstad, CEO of Nidhogg Resources Holding AB (publ)

Email: [email protected]

 

About Nidhogg Resources

Nidhogg Resources AB, www.nidhoggresources.se, is a Swedish limited liability company focused on raw materials. Nidhogg was founded by individuals with a total of over 60 years of experience in the raw materials market, with backgrounds ranging from exploration to exploitation, sales and a passion for extracting raw materials using innovative technologies and existing infrastructure.