Endomines AB , a mining and exploration company with a primary focus on gold, has engaged international investor relations specialists MZ Group to lead a comprehensive strategic investor relations and financial communications program across all key markets. MZ Group will work closely with Endomines management to develop and implement a [...]
Due to the recent rights issue in Endomines AB the number of shares and votes at 30th of December 2014 have increased to 262,156,875. The share capital in Endomines AB amounts to 262,156,875 SEK. The quota value is 1.00 SEK/share. The number of shares has increased by 174,771,250 following the rights issue of units based on a Board resolution on [...]
The Swedish Companies Registration Office, Bolagsverket has registered the rights issue of units in Endomines AB on the 16th of December 2014. Paid subscribed units (BTU), traded under ticker ENDO BTU on Nasdaq Stockholm and under ENDOMN0114 on Nasdaq Helsinki, will be deregistered and replaced by warrants and newly issued shares. The last trading [...]
Endomines and Nordea Bank Finland have signed an amendment and restatement agreement to the term loan agreement dated 9 October 2009. The agreement was subject to the completion of a minimum of 66 MSEK equity rights issue. Since the equity issue was fully subscribed the condition has been met. According to the agreement 7 MSEK (0.75 MEUR) is repaid [...]
Endomines has successfully completed a rights issue of units consisting of shares and warrants, with preferential right for existing shareholders. The issue was oversubscribed and approximately 96.1 MSEK was raised before issue costs. In total, 77,520,591 units were subscribed for by exercising unit rights, representing 88.7 percent of the rights [...]
The Extraordinary General Meeting on October 30, 2014 unanimously approved the Board of Director's decision on the rights issue of units in Endomines. The record date for participation in the rights issue is November 6, 2014. As of today, November 5, 2014, the share is traded without the unit right on Nasdaq Stockholm and Nasdaq Helsinki.
The Extraordinary General Meeting of shareholders of Endomines was held on 30 October 2014. Amendment of articles of association. To enable the reduction of the share capital resolved on below, the EGM resolved to adopt new articles of association, whereby the limits of the share capital in § 4 in the articles of association is amended.
Endomines reports improved EBITDA and reduced costs. The full interim report is found on the company’s website and is in Swedish only. July-September 2014: Gold production 210.9 kg (228.5) or -8 % mainly due to head grade and recovery. Revenues 47.8 MSEK (54.1) or -12 %. mproved EBITDA before unrealized losses on derivatives to 6.9 MSEK (3.8)
Endomines publishes its third quarter 2014 production results for its Pampalo Operations in Eastern Finland. The operation produced 210.9 kg (6,781 oz) of gold during the third quarter. The gold production during the quarter was in line with the target despite that milled ore was slightly lower than planned. The hourly utilization rate in the mill [...]
The Board of Directors of Endomines has made a resolution to publish the third quarterly report (January-September 2014) earlier than previously announced. The date of the publishing is now set to October 28, 2014. The reason to this resolution is the Extraordinary General Meeting announced today to be held on October 30, 2014 to approve the [...]
The shareholders of Endomines have been invited to attend the Extraordinary General Meeting to be held on Thursday 30 October 2014 at 17.00 at the Offices of Erik Penser Bankaktiebolag, Biblioteksgatan 9 in Stockholm. Registration etc. Shareholders who wish to participate at the Extraordinary General Meeting must be registered in the shareholders [...]
The Board of Directors of Endomines has decided, subject to the approval by an extraordinary general meeting that is to be held on October 30, 2014, on a rights issue of units consisting of shares and warrants, totaling approximately MSEK 96.1. The Issue is secured to 80 percent by subscription undertakings and underwriting commitments.
