Corporate | 1 March 2012 21:15
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Deutsche Rohstoff AG / Key word(s): Capital Increase
Deutsche Rohstoff AG: Capital Increase fully placed
Heidelberg, 01 March 2012 – The subscription period of the current capital increase of Deutsche Rohstoff AG, Heidelberg, ended today. According to the Lead Manager assisting with the capital increase, ICF Kursmakler AG, the shareholders of the company have exercised their subscription rights for 254.972 new registered shares without par value in Deutsche Rohstoff AG ('New Shares') at the subscription price of EUR 14.20 per New Share. In the course of the oversubscribed private placement undertaken alongside by ICF Kursmakler AG, an additional 505.334 New Shares were placed at the placement price of EUR 14.20 per New Share. The private placement was also supported by the selling agents DONNER & REUSCHEL Aktiengesellschaft, LANG & SCHWARZ Broker GmbH and FIRST BERLIN Securities Brokerage GmbH. Thus, the entire placement range of up to 760,306 New Shares was placed. Dr. Thomas Gutschlag, CFO of the company, explained: 'This is a marvelous placement result. The proceedings enable us to achieve our ambitious growth targets and to generate substantial value in our projects in a short time. We thank all partners who contributed to this success.' The company's share capital will now be increased by partially exercising the Authorized Capital 2010 by a nominal amount of EUR 760,306.00 from the current total of EUR 4,561,841.00 to EUR 5.322.147,00 by issuing 760,306 new, non-par value registered shares each with a nominal interest of EUR 1.00 in the share capital. The execution of the capital increase will immediately be applied to be entered in the company's commercial register. After registration of the execution of the capital increase in the company's commercial register, the New Shares will then be included immediately in the Open Market (Entry Standard) of the Frankfurt Stock Exchange. The New Shares carry full profit participation rights for the financial year 2011. Deutsche Rohstoff AG will generate gross proceeds of EUR 10,796,345.20 from the capital increase – subject to execution of the capital inrease being entered in the commercial register. The company is intending to boost growth, i.e. in particular the production capacity of Wolfram Camp Mine in Australia as well as additional drill programs and further project acquisitions of Tekton Energy in the USA. In addition, the capital increase serves to strengthen the company's equity base. Important Notice
This publication is exclusively for information purposes and does not constitute either an offer to sell or a solicitation of an offer to buy any securities. There was neither a public offer in connection with this transaction, nor will there be a public offer of securities. No securities prospectus has been or will be prepared in connection with the transaction. Dissemination of this disclosure and the offer and sale of securities could be subject to restrictions in certain jurisdictions.
Heidelberg, 1 March 2012 Deutsche Rohstoff AG (Heidelberg, Germany), listed in the Entry Standard segment of Frankfurt Stock Exchange, is establishing a new primary producer. The company's focus is placed on gold, oil & gas and so called high tech metals such as tin, tungsten, and rare earth metals. 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. The first production started in January 2011. For more information please visit www.rohstoff.de. Contact: Thomas Gutschlag gutschlag@rohstoff.de +49 6221 871 000 End of Corporate News 01.03.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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