{"id":3221,"date":"2019-11-08T08:00:00","date_gmt":"2019-11-08T07:00:00","guid":{"rendered":"https:\/\/www.augment.se\/nordic-iron-ore-raises-sek-20-million-after-positive-dfs\/"},"modified":"2023-10-09T14:00:07","modified_gmt":"2023-10-09T12:00:07","slug":"nordic-iron-ore-raises-sek-20-million-after-positive-dfs","status":"publish","type":"post","link":"https:\/\/www.augment.se\/fi\/nordic-iron-ore-raises-sek-20-million-after-positive-dfs\/","title":{"rendered":"Nordic Iron Ore raises SEK 20 million after positive DFS"},"content":{"rendered":"\n\n
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Nordic Iron Ore has resolved on a rights issue of SEK 20 million which will provide capital for preparations for mining activities in Bl\u00f6tberget and give sufficient time for negotiation of required financing agreements. During 2019 the definitive feasibility study (\u201cDFS\u201d) regarding Bl\u00f6tberget was finalised. The DFS demonstrates good conditions for profitable mining activities, inter alia with an estimated yearly EBITDA of approximately MSEK 600 at full-scale production.<\/p>\n

Besides the production preparations, the Company is conducting a study of V\u00e4smanf\u00e4ltet, which is assumed to have a significantly larger iron ore reserve. Since both V\u00e4smanf\u00e4ltet and H\u00e5ksberg is nearby Bl\u00f6tberget, there is potential for significant economies of scale and synergies in terms of infrastructure.<\/p>\n

Augment acts as financial advisor in the transaction.<\/p>\n

Read full press release<\/a><\/p>\n\n \n \n <\/div>\n\n <\/div>\n\n\n \n\n <\/div>\n \n<\/section>","protected":false},"excerpt":{"rendered":"

Nordic Iron Ore has resolved on a rights issue of SEK 20 million which will provide capital for preparations for …<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[41],"tags":[],"class_list":["post-3221","post","type-post","status-publish","format-standard","hentry","category-uncategorized-fi"],"acf":[],"yoast_head":"\nNordic Iron Ore raises SEK 20 million after positive DFS - Augment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.augment.se\/fi\/nordic-iron-ore-raises-sek-20-million-after-positive-dfs\/\" \/>\n<meta property=\"og:locale\" content=\"fi_FI\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nordic Iron Ore raises SEK 20 million after positive DFS - 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