Viscaria raises 315 million shareholder loan, also plans upcoming rights issue
Summary
The mining company Viscaria has agreed on a shareholder loan of approximately SEK 315 million with its major shareholders - TomEnterprise, Jan St\xe5hlberg, Santhe Dahl and the SEB Foundation. This is stated in a press release.The purpose of the loan is to secure financing given the timetable for the planned mine opening. "We would like to thank our main shareholders for the great confidence they have shown in us through this financing support. Once our environmental permit has gained legal force and the feasibility study is presented, we will accelerate the financing of the restart of the mine," says CEO J\xf6rgen Olsson.The loan can be fully or partially utilized. Viscaria has previously flagged that the initial investment requirement for the reopening amounts to approximately SEK 4.5-5 billion, excluding ongoing operating costs.