Orezone closes acquisition of Corcel Minerals

17 April 2019

Orezone has today closed the acquisition of Corcel Minerals S.L. The acquisition is made at a price of SEK 26.4 million and payment is made through a seller’s invoice, which is subsequently offset against 3,777,089 shares in Orezone subscribed by the sellers in a directed issue. The price per share in the directed issue is the same as in the previously announced rights issue (SEK 7.0), whose subscription period commences on April 18 2019.

Augment is the company’s financial advisor in the transaction.

Read full press release (in Swedish)