Minesto's CEO Dr Martin Edlund today comments on the ongoing Rights Issue. In addition, Martin Edlund is taking part in today's episode of podcast "Aktiepodden" by Aktiespararna, where he talks about the company and answers questions related to the Rights Issue.
CEO comment:
We are now conducting a Rights Issue to strengthen Minesto's development agenda. The subscription period is ongoing and ends on 2nd April 2024. Complete information is available in the Prospectus on our website (Prospectus is available in Swedish only).
The Rights Issue is guaranteed to approximately 83%, which gives us with the opportunity to focus on business development and secure delivery capabilities for both site projects and power plants.
We at Minesto have had an intense year behind us, which in February resulted in reaching a crucial strategic milestone in the form of the successful installation and connection of our large power plant, Dragon 12, to the grid in the Faroe Islands.

Source prnewswire