The Board of Directors of IGE Nordic AB is pleased to announce that the Initial Public Offer of IGE Nordic AB has been completed and that over NOK 85 million was raised.
The board and management of IGE AB and IGE Nordic AB, have subscribed for a total of 417 000 newly issued shares at a subscription price of NOK 12.50 per share.
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The Board of Directors in IGE Nordic AB correct the previously announced subscription period. The final day for subscription is Thursday December 6, 2007 at 16.00 hours CET.
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The Mitchell River Group (MRG) has subscribed for shares in the ongoing IPO of IGE Nordic AB (publ) to a value of US$ 1.5 million (NOK 8 125 000), corresponding to 650,000 shares at NOK 12,50 per share.
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IGE Nordic reports positive results from new bench scale beneficiation tests, which confirm the possibility of obtaining a very high grade nickel concentrate at Rönnbäcken.
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The Board of Directors of IGE Nordic AB has at the advice of their financial advisor CAR decided to extend the offer period of the ongoing IPO of IGE Nordic AB.
