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    DGAP-News  327  0 Kommentare Deutsche Rohstoff AG: Deutsche Rohstoff buys back Corporate Bond for 5.6 million face value


    DGAP-News: Deutsche Rohstoff AG / Key word(s): Bond
    Deutsche Rohstoff AG: Deutsche Rohstoff buys back Corporate Bond for
    5.6 million face value

    10.02.2015 / 16:00

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    Deutsche Rohstoff buys back Corporate Bond for 5.6 million face value

    Heidelberg. The buyback offer at 105% of the face value, which Deutsche
    Rohstoff offered to the creditors of its corporate bond (WKN A1R07G; ISIN
    DE000A1R07G4), is completed. Creditors gave back bonds for a face value of
    5.6 million Euro. The outstanding amount of the bond amounts to
    approximately EUR 51.5 million after the buyback.

    Deutsche Rohstoff AG issued the bond in June 2013 to finance the drilling
    program of its subsidiary Tekton Energy in the United States. The bond
    matures in July 2018. In accordance with the terms and conditions of the
    bond, Deutsche Rohstoff has the right to terminate the bond prematurely and
    repay it in July 2016 at a price of 103%, in July 2017 at a price of 102%.

    The original purpose of the bond issue has been omitted in the meantime,
    since Tekton Energy sold its main assets for USD 200 million in May 2014.
    However, Deutsche Rohstoff intents to reinvest in the oil and gas sector in
    the US. To this end, new acreage has been acquired within the last few
    weeks. It is planned to complete several wells in these areas within the
    coming months using proceeds of the bond. With the buy-back offer, Deutsche
    Rohstoff intended to give its creditors the opportunity to respond to the
    change in the initial situation and to redeem their bonds at an attractive
    price.

    Heidelberg, 10 February 2015

    Deutsche Rohstoff (Heidelberg, Germany), listed in the Entry Standard
    segment of Frankfurt Stock Exchange, is establishing a new primary
    producer. The company's focus is placed on oil & gas and so called high
    tech metals such as tin, tungsten, and rare earth metals. All projects are
    located in political stable countries with high environmental standards.
    The business concept is based on redeveloping deposits, which have been
    well explored in the past. For more information please visit
    www.rohstoff.de.

    Contact:
    Deutsche Rohstoff AG
    Thomas Gutschlag
    Tel. +49 6221 871 000
    info@rohstoff.de



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    10.02.2015 Dissemination of a Corporate News, transmitted by DGAP - a
    service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

    The DGAP 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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    Language: English
    Company: Deutsche Rohstoff AG
    Friedrich-Ebert-Anlage 24
    69117 Heidelberg
    Germany
    Phone: 06221-87100-11
    Fax: 06221-87100-22
    E-mail: gutschlag@rohstoff.de
    Internet: www.rohstoff.de
    ISIN: DE000A0XYG76, DE000A1R07G4,
    WKN: A0XYG7, A1R07G
    Indices: Entry Standard (Performance TOP 30)
    Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Frankfurt in
    Open Market (Entry Standard)


    End of News DGAP News-Service
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    321637 10.02.2015


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    DGAP-News Deutsche Rohstoff AG: Deutsche Rohstoff buys back Corporate Bond for 5.6 million face value DGAP-News: Deutsche Rohstoff AG / Key word(s): Bond Deutsche Rohstoff AG: Deutsche Rohstoff buys back Corporate Bond for 5.6 million face value 10.02.2015 / 16:00 --------------------------------------------------------------------- Deutsche …

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