Final results from the Kopy Goldfields share issue show 111.2% subscription

Final results from the Kopy Goldfields share issue show 111.2% subscription Final results from the share issue with preferential rights for shareholders ("The Rights Issue") of Kopy Goldfields AB (publ) ("Kopy Goldfields" or "the Company") show that the Rights Issue has been subscribed to 111.2%, whereof 90.5% of the shares were subscribed by shareholders using their preferential rights.

In total, applications for subscription of 26,650,130 shares have been received, whereof 21,683,772 shares, corresponding to 90.5 per cent of the number of offered shares, were subscribed by shareholders using their preferential rights. Applications for subscription of shares without preferential rights where received at an amount of 4,966,358 shares, corresponding to 20.7 per cent of the number of offered shares, which means that the Rights Issue was oversubscribed by 11.2 per cent.

With these results, the Rights Issue is fully subscribed, and external underwriting commitments will not be used. The number of shares in the Company will increase by 23,959,815, from 79,866,054 to 103,825,869 shares and the Company will receive approximately SEK 25 million before transaction costs.

Allotment of 2,276,043 new shares, subscribed without preferential rights, has been done to subscribers who have subscribed with subsidiary preferential rights, in accordance with the terms for allotment set forth in the information memorandum. Notification regarding allotment of shares for subscription without preferential rights will be made by submitting the allotment decision in the form of a contract note. Subscribed and allotted shares shall be paid in cash in accordance with the instructions provided on the contract note on the payment date November 19, 2018. Those who have not been allotted shares will not be notified.

The Board of Directors decided on October 9, 2018, with authorization from the AGM on May 29, 2018, to issue new shares with preferential rights for shareholders in Kopy Goldfields. The subscription price was SEK 1.05 per share, and the subscription period ran from and including October 22, 2018 up until and including November 7, 2018.

The temporary Paid Subscribed Shares ("BTA") will be traded on Nasdaq First North until the Rights Issue has been registered by the Swedish Companies Registration Office, and will then be converted into new shares. Shares subscribed with preferential rights ("BTA1") are estimated to be converted around week 48 (week of November 26, 2018). The share capital will increase by SEK 9,110,032 to SEK 39,476,805.

Financial advisor and Issuing Agent
Stockholm Corporate Finance AB is acting as financial advisor in the Rights Issue. Hagberg & Aneborn Fondkommission AB is acting as Issuing Agent in the Rights Issue.

This is a translation of the Swedish version. In case of any discrepancy between the English and the Swedish version, the Swedish version shall take precedence.

Stockholm, November 14, 2018

For further information, please contact
Mikhail Damrin, VD, +7 916 808 12 17, mikhail.damrin@kopygoldfields.com
Tim Carlsson, CFO, + 46 702 31 87 01, tim.carlsson@kopygoldfields.com
Otto Rydbeck, CEO Stockholm Corporate Finance, +46 708 78 48 70, otto.rydbeck@stockholmcorp.se

This information is information that Kopy Goldfields is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 8.45 am CET on November 14, 2018.

About Kopy Goldfields AB
Kopy Goldfields AB (publ), listed at NASDAQ First North in Stockholm, is a Swedish gold exploration company operating in the Irkutsk and Amur regions of Russia, which are two of the most gold rich areas in the world. The Company currently holds 14 licenses, grouped into three projects, which entitles to exploration and production of gold. Kopy Goldfield's strategy is to create value by identifying and acquiring high potential gold projects, prospect and explore them until they reach the stage of being ready to be sold for cash or further developed in cooperation with a partner.

Kopy Goldfields AB applies International Financial Reporting Standards (IFRS), as approved by the European Union. Hagberg & Aneborn Fondkommission acts as Certified Adviser, contact number: +46 8 408 933 50.

The Share
Ticker: KOPY
http://www.nasdaqomxnordic.com/shares/microsite?Instrument=SSE77457
Outstanding shares: 79,866,054 (103,825,869 after registration of the Rights issue)

About Stockholm Corporate Finance AB
Stockholm Corporate Finance is a Swedish, independent and privately owned financial advisor offering qualified transaction based advisory services by acting in capital raisings, changes in ownership, acquisition, merger and acquisitions (M&A) in listed and privately held companies. Stockholm Corporate Finance is the exclusive Swedish partner in the global network of M&A Worldwide consisting of 51 M&A advisors and investment banks in 45 countries. Stockholm Corporate Finance is an investment firm which is supervised by the FSA and is a member of the trade organization SwedSec Licensing AB. www.stockholmcorp.se.

IMPORTANT INFORMATION
The information in this press release does not constitute an offer to acquire, subscribe for or otherwise trade in shares, subscription rights or other securities in Kopy Goldfields AB (publ).



Välkommen till årsstämma i Kopy Goldfields

Aktieägarna i Kopy Goldfields AB (publ), org nr 556723-6335, kallas till årsstämma onsdagen den 29 maj 2019, kl 10.00 i bolagets lokaler på Skeppargatan 27, 4tr, Stockholm. Inregistrering från kl 9.30.


Kopy Goldfields adderar en ny prospekteringslicens på 88 km2 till guldprospekteringsprojektet Maly Patom

Kopy Goldfields AB (publ) ("Kopy Goldfields" eller "Företaget") har förvärvat en ny prospekteringslicens vid namn "Polovinka". Licensen omfattar 88 kvadratkilometer och ligger i Bodaibo-området i Irkutsk-regionen i Ryssland. Den nya licensen gränsar till den redan ägda licensen "Gorbylyakh", som ingår i prospekteringsprojektet Maly Patom. Licensen täcker den potentiella utvidgningen av den tidigare identifierade guldanomalin i marken.


Kopy Goldfields adds a new exploration property of 88 sq. km to the Maly Patom gold exploration project

Kopy Goldfields AB (publ) ("Kopy Goldfields" or "the Company") has received a new exploration property called "Polovinka". The license covers 88 sq. km and is located in the Bodaibo area of the Irkutsk region of Russia. The new license borders the already owned property "Gorbylyakh", which is part of the Maly Patom exploration project, and covers the potential extension of the previously identified soil gold anomaly.


Bokslutskommuniké januari - december 2018

Finansiell information för andra halvåret samt helåret 2018

  • Bolaget rapporterar ingen nettoomsättning
  • Resultat efter skatt -34,5 MSEK (-5,6), för helåret -43,8 MSEK (-13,9)
  • Summa totalresultat -0,9 MSEK (-2,6), för helåret -5,1 MSEK (-11,9)
  • Resultat per aktie före och efter utspädning -0,40 SEK (-0,07), för helåret -0,52 SEK (-0,17)
  • Periodens kassaflöde uppgick till 6,3 MSEK (0,1), för helåret 14,2 MSEK (-4,8)
  • Investeringar i prospektering och licenser 1,6 MSEK (2,2), för helåret 2,5 MSEK (2,3)
  • Investeringar i joint venture 5,1 MSEK (8,5), för helåret 5,1 (8,5)
  • Likvida medel vid periodens utgång uppgick till 20,1 MSEK (5,9)
  • Styrelsen föreslår att ingen utdelning lämnas

Year End Report January - December 2018

Financial information July - December and full year 2018

  • The Company does not report any revenue
  • Net income MSEK -34.5 (-5.6), full year -43.8 (-13.9)
  • Total comprehensive income MSEK -0.9 (-2.6), full year -5.1 (-11.9)
  • Earnings per share before and after dilution SEK -0.40 (-0.07), full year -0.52 (-0.17)
  • Total cash flow of MSEK 6.3 (0.1), full year 14.2 (-4.8)
  • Investments in exploration work and licenses MSEK 1.6 (2.2), full year 2.5 (2.3)
  • Investments into joint ventures MSEK 5.1 (8.5), full year 5.1 (8.5)
  • Cash and cash equivalents amounted to MSEK 20.1 (5.9) at period end
  • The Board of Directors proposes that no dividend is paid

Ny förfallodag för långfristiga lån

Kopy Goldfields AB (publ) ("Kopy Goldfields" eller "Bolaget") meddelar att de två långfristiga lånen om totalt 30 miljoner kronor har omförhandlats och förlängts. Ny förfallodag är 4 mars 2021.


New repayment date for long-term loans

Kopy Goldfields AB (publ) ("Kopy Goldfields" or the "Company") informs that the two existing long-term loans of totally SEK 30 million have been renegotiated and extended. The new repayment date is March 4, 2021.


Kopy Goldfields participates in the PDAC 2019 conference

Kopy Goldfields will participate in the PDAC 2019 conference in Toronto on March 3-6, 2019.


Kopy Goldfields erhåller andra betalningen för Taiga

Kopy Goldfields AB (publ) ("Kopy Goldfields" eller "Företaget") meddelar att den andra delen av den inledande betalningen i försäljningen av dotterbolaget LLC Taiga har erhållits.


Kopy Goldfields receives second payment for Taiga

Kopy Goldfields AB (publ) ("Kopy Goldfields" or "the Company") informs that the second part of the initial payment has been received for the sale of the subsidiary LLC Taiga.


Kopy Goldfields slutför försäljningen av Kopylovskoye-projektet

Kopy Goldfields slutför försäljningen av Kopylovskoye-projektet Kopy Goldfields AB (publ) ("Kopy Goldfields" eller "Företaget") har nöjet att meddela att försäljningen av Kopylovskoye-projektet har slutförts och att den första delbetalningen har inkommit. Det totala försäljningspriset är 6 miljoner USD kontant, att betalas över tre år. Kopylovskoye-projektet kombinerar fyra berggrundslicenser för prospektering och utvinning av guld: Kopylovskoye, Vostochnaya Ploshad, Pravovesenny och Takhtykan.


Kopy Goldfields completes sale of Kopylovskoye project

Kopy Goldfields completes sale of Kopylovskoye project Kopy Goldfields AB (publ) ("Kopy Goldfields" or "the Company") is pleased to announce that the sale of the Kopylovskoye project is finally completed and the first payment has been received. The total sale price is USD 6 million cash, payable over three years. The Kopylovskoye project combines four bedrock gold exploration and production licenses: Kopylovskoye, Vostochnaya Ploshad, Pravovesenny and Takhtykan.


Kopy Goldfields participates and speaks at the Mines & Money show

Kopy Goldfields will participate in the Mines and Money show in London on November 26 - 29, 2018 and give two Company presentations. For four days, we will present our company and projects for investors, potential partners and other stakeholders in the largest mining investment forum in Europe.


Slutligt resultat från Kopy Goldfields nyemission visar 111,2% teckning

Slutligt resultat från nyemissionen i Kopy Goldfields AB (publ) ("Kopy Goldfields" eller "Bolaget") med företrädesrätt för Bolagets aktieägare visar att emissionen har tecknats till 111,2%, varav 90,5% med stöd av företrädesrätt.


Final results from the Kopy Goldfields share issue show 111.2% subscription

Final results from the Kopy Goldfields share issue show 111.2% subscription Final results from the share issue with preferential rights for shareholders ("The Rights Issue") of Kopy Goldfields AB (publ) ("Kopy Goldfields" or "the Company") show that the Rights Issue has been subscribed to 111.2%, whereof 90.5% of the shares were subscribed by shareholders using their preferential rights.


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