Capital inflow of 4,10 million Euros.
Heidelberg. Deutsche Rohstoff AG has finalised a capital increase with an exclusion of subscription rights today and successfully issued 321.000. shares to institutional investors at a price of 12,80 Euro. The capital inflow will amount to 4,10 million Euros. The capital increase has been completed by the Landesbank Baden-Württemberg. Due to the capital increase, the companies authorised capital was increased to 4.353.620.
The funds from the capital increase will be invested into the expansion of the existing business units gold, oil/gas and high-tech metals. „We are currently reviewing multiple new projects and are facing some very promising offers. We hope to be able to make an announcement within the next few months”, Dr. Thomas Gutschlag, CFO of Deutsche Rohstoff AG, said today.
Deutsche Rohstoff AG, listed in the German Entry Standard, is establishing a new primary producer. The company’s focus is placed on gold, oil/gas and so called high tech metals such as indium, gallium, rare earth metals, cobalt. All projects are located in countries marked by political stability, the core area being Germany. The business concept is based on redeveloping deposits which have been well explored in the past. Production start is scheduled for 2010. For further information please visit www.rohstoff.de
Heidelberg, November 19th 2010
Dr. Thomas Gutschlag
Deutsche Rohstoff AG
Friedrich-Ebert-Anlage 26, 69117 Heidelberg
Tel: 06221/652 4730
Koppelstätter Kommunikation GmbH
Friedrichstraße 2, 76530 Baden-Baden
Tel: 07221/97372 11
Fax: 07221/97372 22