Corporate | 26 May 2010 17:09
Deutsche Rohstoff AG / IPO 26.05.2010 17:09 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Start of trading in Entry Standard segment on 27 May Heidelberg. Shares of Deutsche Rohstoff AG will be included in the Open Market at Frankfurt stock exchange, segment Entry Standard, on 27 May 2010. Trading will take place in XETRA as well as on the floor of the Frankfurt stock exchange. Prior to going public, the company has carried out a private placement without prospectus. Thereby, the number of shares rose by 323.950 to 3.912.986. With a market price of 10 Euro per share, the company accrued 3.23 million Euro. Within the framework of a capital increase in consideration of contributions in kind, Deutsche Rohstoff AG has acquired another 10 per cent of Deutsche Rohstoff Australia, Pty Ltd, Brisbane, by way of issuing 119.634 new shares. As a result, Deutsche Rohstoff AG now holds 100 per cent in its Australian subsidiary which in turn owns 100 per cent of the Georgetown gold mine that will be put into production this year. Deutsche Rohstoff AG (Heidelberg, Germany) is establishing a new primary producer. The company's focus is placed on gold, oil/gas and so called high tech metals such as indium, gallium, rare earth metals, cobalt. All projects are located in countries marked by political stability, the core area being Germany. The business concept is based on redeveloping deposits which have been well explored in the past. Production start is scheduled for 2010. Please visit www.rohstoff.de for more information. Dr. Thomas Gutschlag Tel: +49 6221 652 4730 gutschlag@rohstoff.de 26.05.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de ---------------------------------------------------------------------------