Endomines exchange bonds are transformed into stocks Shop

Mining company Endomines announces that it has received a exchange notification of convertible bonds, which will allow a total of EUR 700,000 to be replaced by new shares in the company.

Joensuu Kauppa and Kone Oy Replace a total of EUR 400,000 into new company shares. According to the convertible bond agreements, the exchange price is approximately EUR 8.43 per share.

K22 Finance Oy Switching to a total of EUR 100,000 into new shares. According to the convertible bond agreements, the exchange price is approximately EUR 8.43 per share.

Pielinen Kiinteistö Oy Changes a total of EUR 100,000 into new shares in the company. According to the convertible bond agreements, the exchange price is approximately EUR 8.43 per share.

Hietamoor Oy Switching to a total of EUR 100,000 into new shares. According to the convertible bond agreements, the exchange price is approximately EUR 8.43 per share.

According to Endomines, the exchange price consists of a daily average price calculated in the share price course during the 15 days preceding the day before the day of the exchange rate by 15 %. Following the registration, the new shares are approximately 0.76 % of the total number of shares and votes in the company.

“It’s great that our long -term owners increase their ownership and commitment to our golden journey. Loans converting into shares reduces the number of loans in the company, reduces interest costs and strengthens the company’s balance sheet. The stronger balance sheet supports our strategic goals. The support of the owners is of great importance to us, ”comments the company’s CEO Kari Vyhtinen in the bulletin.