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Nemesia Sarl Acquires Shares of Lundin Gold Inc from Zebra Holdings and Investments Sarl
Nemesia Sarl Acquires Shares of Lundin Gold Inc from Zebra Holdings and Investments Sarl ...
About this update from Lundin Gold Inc.
[{"type":"text","content":"\n \n \n \n Nemesia Sarl Acquires Shares of Lundin Gold Inc from Zebra Holdings and Investments Sarl\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n LUXEMBOURG\n \n ,\n \n Oct. 19, 2021\n \n /CNW/ - Following another corporate reorganization among three companies controlled by a trust settled by the late\n \n Adolf H. Lundin\n \n , i.e. Nemesia S.à.r.l. (\"Nemesia\"), Lorito Holdings S.à.r.l. (\"Lorito\") and Zebra Holdings and Investments S.à.r.l (\"Zebra\") all of 40, Boulevard Grande Duchesse Charlotte, L-1330\n \n Luxembourg\n \n , Nemesia announced today that on\n \n October 18, 2021\n \n , pursuant to a private arrangement, it had acquired 1,403,000 common shares of Lundin Gold Inc (\"Lundin Gold\" – TSX \"LUG\" - NASDAQ Stockholm \"LUG\") from Zebra representing approximately 0.60% of the outstanding shares of\n \n Lundin Gold\n \n . The purchase and sale were executed at the price of\n \n SEK77.50\n \n \n (Cdn$11.26075)\n \n for a total consideration of\n \n SEK108,732,500.00\n \n \n (Cdn$15,798,832.25)\n \n .\n \n \n The purchase of the shares was made pursuant to the private agreement exemption set forth in Item 4.2. of the National Instrument 62-104 as it was a purchase from not more than 5 persons in the aggregated, and the price paid for the shares, including brokerage fees or commissions, was not greater than 115 % of the simple average closing price of the last 20 days of trading preceding the acquisition of the shares.\n \n \n As a result of this acquisition, Nemesia now holds 22,098,407 common shares or approximately 9.48% of the issued and outstanding common shares of\n \n Lundin Gold\n \n whereas the disposal by Zebra reduced the latter's position to the current level of 39,690,714 common shares or approximately 17.03% whereas Lorito holds zero position. Collectively, the three companies, fully owned by the same Trust, continue to hold an unchanged total of 61,789,121 common shares or approximately 26.51% of the issued and outstanding share capital of\n \n Lundin Gold\n \n .\n \n \...