GOTHENBURG, Sweden, June 18, 2025/ PRNewswire/– Minesto AB (publ) (” Minesto” or “the Business”) has actually raised a loan funding of SEK 22 million, from Fenja Capital, meant to be utilized as working capital in the Business’s continuous operations and organization advancement to clarify instant market chances.
The loan is thought about to be raised on market terms and has a set-up cost of 4 (4) percent of the overall loan quantity in addition to a month-to-month rates of interest of one (1) percent. The loan will be paid back completely at the current on 30 December 2025
At present, Minesto is approaching a series of organization advancement turning points that upon achievement will affect capital requirements to differing degrees. The reasoning behind the loan is to reach more clearness on the type and scope of capital requirements for the next stage of scale-up.
“ We remain in an extremely intriguing stage and continue to move towards essential turning points in numerous of our continuous organization advancement activities consisting of brand-new collaborations, website advancement service deals, soft financing and developments of very first stage of the Hestfjord-project. This loan will allow us to press forward including both worth and clearness to moneying requirements for the next stage,“ states Martin Edlund, CEO of Minesto.
For extra info please contact
Cecilia Sernhage, Chief Communications Officer
+46 (0 )735 23 71 58
ir@minesto.com
The info in this news release is such that Minesto AB (publ) will reveal openly according to the EU Policy No 596/2014 on market abuse (MAR). The info was sent for publication, through the firm of the contact individual set out above, at 07:00 CEST on 18 June 2025
This info was given you by Cision http://news.cision.com
https://news.cision.com/minesto-ab/r/minesto-raises-sek-22-million-loan-financing—securing-continued-flexibility-in-dynamic-business-co,c4165768
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SOURCE Minesto AB
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