Year-end report

Year-end report

ID: 230087

(Thomson Reuters ONE) -


Fourth quarter 2012

* Net sales amounted to SEK 81.3 (0.8) million
* Earnings per share amounted to SEK  -6.80 (-1.61)
* Cash flow was SEK 19.1 (-17.6) million
* Ralf Nordén became the new CEO of Dannemora Mineral in December
* A private placement of convertible debt totalling SEK 136 million was
conducted in October
* Supply contracts were signed with SSI UK and ROGESA Roheisengesellschaft
Saar
* 155 kt of finished products were delivered


Full year 2012

* Net sales amounted to SEK 137.3 (3.1) million
* Earnings per share amounted to SEK -16.13 ((-8.82)
* Cash flow was SEK -471.1 (406.6) million
* The sorting plant was commissioned in April and commercial production
started
* An update of the mineral reserve showed an increase of 6.9 mt to 35.1 mt,
thereby increasing the mine's life by approx. 2 years to a total of 15 years
* A share issue in March brought the Company SEK 103.5 million
* An action programme, aimed at increasing operational readiness and yield,
was initiated
* 233 kt of finished products were delivered


Significant events after the end of the period

* The Board of Dannemora Mineral has resolved, subject to approval by an
extraordinary general meeting, to conduct a fully guaranteed rights issue of
up to approx. SEK 211 million before issue costs
* Read report below


Year-end report:
http://hugin.info/137553/R/1678664/547960.pdf



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.





Source: Dannemora Mineral AB via Thomson Reuters ONE
[HUG#1678664]




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Bereitgestellt von Benutzer: hugin
Datum: 15.02.2013 - 14:54 Uhr
Sprache: Deutsch
News-ID 230087
Anzahl Zeichen: 2218

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