DGAP-News: Tantalus Rare Earths AG: Capital Increase

DGAP-News: Tantalus Rare Earths AG: Capital Increase

ID: 33764

(firmenpresse) - DGAP-News: Tantalus Rare Earths AG / Key word(s): Capital Increase
Tantalus Rare Earths AG: Capital Increase

12.04.2011 / 16:01

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Tantalus Rare Earths AG (Düsseldorf, 2011/04/12)

Capital Increase of Tantalus Rare Earths AG

Düsseldorf, 12.04.2011 - The board of directors of Tantalus Rare Earths AG
passed a resolution with the approval of the supervisory board on April
11th 2011, that the share capital of the company of currently 2.174.719
EUR, which is divided in 2.174.719 ordinary bearer shares with a nominal
share value of 1,00 EUR, will be raised by up to 200.000 EUR to 2.374.719
EUR by cash deposit.

200.000 new ordinary bearer shares will be issued and do have the right to
participate in any dividends in 2011. The statutory subscription rights are
excluded (clause 4 phrase 6 of the statue). The issue price per share is
1,00 EUR, plus an upcharge of 24,00 EUR, this means 25,00 EUR in total per
share.

The funds of the capital increase will be used to finance the exploration
work of the sub subsidiary Tantalum Rare Earths SARL.

About Tantalus Rare Earths AG

The mission of Tantalus Rare Earths AG is the identification and
development of rare earth exploration and mining projects outside from
China, mainly focusing on Africa. Administratively, Tantalus Rare Earths AG
is located in Düsseldorf, Germany. Currently, the investment portfolio
consists of 100 % of the Tantalus Rare Earths Project in Madagascar.

Tantalus Rare Earths AG

Berliner Allee 12

40212 Düsseldorf

Germany

Phone: +49 (0)211 52391 430

Fax: +49 (0)211 52391 510

e-Mail: contact(at)tre-ag.com

Internet: http://www.tre-ag.com/


End of Corporate News

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12.04.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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119550 12.04.2011

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Bereitgestellt von Benutzer: EquityStory
Datum: 12.04.2011 - 16:01 Uhr
Sprache: Deutsch
News-ID 33764
Anzahl Zeichen: 0

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