on Eurobattery Minerals AB
Eurobattery Minerals Completes TO6 Warrants Exercise
On May 23, 2025, Eurobattery Minerals AB concluded the exercise period for its TO6 series warrants. These warrants were part of a rights issue initiated in November 2024. Subscribers received seven new shares and four warrants per unit. Each warrant allowed for the subscription of one new share at SEK 0.09. A total of 70,888,253 warrants were exercised, generating SEK 6.4 million in proceeds before costs.
The company’s shares will rise from 365,417,921 to 436,306,174 post-registration by the Swedish Companies Registration Office, resulting in a 16.2% dilution. Eurobattery Minerals’ share capital will increase by SEK 96,996.14. Augment Partners AB provided financial advisory services for the transaction.
R. P.
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