Norsk Titanium AS (DE:84F) has released an update.
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Norsk Titanium AS announced preliminary results of their first Warrant exercise period, with 28,724,323 Warrants being exercised at a subscription price of NOK 1.068925 each. The rights issue associated with these Warrants raised approximately NOK 188.3 million, equivalent to around USD 18 million. Final results and allocation of the New Shares from this exercise are expected to be published soon, with payment due by the end of June 2024.
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