Rights issue 2016

The Board of Directors of Kopy Goldfields decided on 13 September 2016, with authorization from the AGM on May 26, 2016, to issue new shares with preferential rights for shareholders in Kopy Goldfields of approximately MSEK 20.0 before transaction costs (the “Rights Issue”). The Rights Issue is underwritten to 80 per cent via subscription undertakings and underwriting commitments. The funds will mainly be used for financing a part of the development of the Krasny-project towards start of gold production together with GV Gold.

The Company will participate a number of investor meetings during the coming weeks. Take part of the presentations and other information such as the information memorandum and subscription notes.