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Nordic Mining ASA Completes USD 22.5 Million Tap Issue

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Nordic Mining ASA Completes USD 22.5 Million Tap Issue

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The latest announcement is out from Nordic Mining ASA ( (DE:7NM0) ).

Nordic Mining ASA’s subsidiary, Engebø Rutile and Garnet AS, has successfully completed a USD 22.5 million tap issue for its 12.5% Senior Secured Bonds due 2027. This move increases the total outstanding amount under the bonds to USD 155.5 million, potentially enhancing the company’s financial flexibility and supporting its operational goals.

More about Nordic Mining ASA

Average Trading Volume: 419,436

Current Market Cap: NOK1.58B

Learn more about 7NM0 stock on TipRanks’ Stock Analysis page.

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