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03.05.2019 17:45:00
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Blackstone Resources AG Announces Private Placement
Blackstone Resources AG (SWX: BLS; STU: 4BR, FRA: 4BR, BEB: 4BR) ("Blackstone”) is pleased to announce that it has completed a non-brokered private placement.
Blackstone Resources has sold 1’218’948 shares of the restricted stock with a nominal value of CHF 0.50 for the price of CHF 5.62 per share with a total price of CHF 6’849’500, effective on 02.05.2019.
The net proceeds of this private placement help to strengthen the financial position.
ABOUT BLACKSTONE RESOURCES AG
Blackstone Resources is a
Swiss Holding Company, with its legal domicile in Baar, Kanton Zug and
is concentrating on the battery metals market as primary metals. In
addition, it sets up, develops and manages refineries used for gold and
battery metals. It offers direct exposure to the battery metal
revolution that is being driven by the demand of electric vehicles that
need vast quantities of these metals. These include cobalt, manganese,
molybdenum, graphite and lithium. In addition, Blackstone Resources has
started a research programme on new battery technologies.
The disclaimer is an integral part of this press release.
Please
ensure you consult the disclaimer for a full understanding of the
content within: http://www.blackstoneresources.ch/about-us/disclaimer-press-release/
View source version on businesswire.com: https://www.businesswire.com/news/home/20190503005329/en/
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| Blackstone Resources AG | 0.01 | 0.00% |
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