Copyright © Inderes 2011 - present. All rights reserved.
Log in to receive notifications.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team
Regulatory press release

Correction: Endomines Finland Oyj has agreed on convertible loans in connection with the financing package announced on January 13, 2025

22.01.2025, 20.15
Endomines Finland

Endomines Finland Plc – Stock Exchange Release – 22.1.2025, at 21.15 EET

Correction: Endomines Finland Oyj has agreed on convertible loans in connection with the financing package announced on January 13, 2025

Endomines Finland Plc republishes the stock exchange release published on January 22, 2025 at 17:00. The release published at 17:00 incorrectly stated the amount of convertible loans as EUR 2.1 million, whereas the correct amount is EUR 2.3 million. The corrected release, where this incorrect information has been corrected, is in its entirety below. No other changes have been made to the release.

Endomines Finland Oyj has agreed on convertible loans in connection with the financing package announced on January 13, 2025

Endomines has agreed with the company's largest owners on a EUR 2.3 million convertible loan. The loan is intended to be used for preparatory work related to the new strategy, as well as for general business needs. The maturity of the convertible loan is 24 months, and the annual interest rate is 10 percent. In accordance with the financing agreement, the convertible loan can be fully or partially exchanged for company shares no earlier than 12 months after the loan drawdown date. The exchange price is fixed EUR 7.51 and is based on the average closing share price in December 2024 minus 5.5%.

 

Contact information:
Minni Lempinen
CFO
Endomines Finland Plc
minni.lempinen@endomines.com
+358 40 769 3483

 

Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our operations are focused on gold production and exploration in the Karelian Gold Line in Eastern Finland. We also own the rights to seven gold deposits in the US. We produce gold for the jewellery and electronics industries and create value by turning natural resources into wealth, and we also create value by transforming natural resources into wealth, an investment that can withstand the volatility of global politics. Our vision is to develop the Karelian gold line into one of the most important and sustainable gold-producing regions in the world. Endomines is listed on the OMX Helsinki main list (PAMPALO). www.endomines.com.

Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team

Privacy preferences

Inderes uses cookies to provide a better user experience and a personalised service. By consenting to the use of cookies, we can develop an even better service and will be able to provide content that is interesting to you.