DGAP-News

Activa Resources AG: Activa Resources AG raises EUR 1 million of new capital

DGAP-News: Activa Resources AG / Key word(s): Capital Increase/Bond
Activa Resources AG: Activa Resources AG raises EUR 1 million of new
capital

26.10.2015 / 12:11

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Activa Resources AG raises EUR 1 million of new capital

- EUR 1 million investment made by new strategic investor

- Via capital increase and further placement of 2013/2017 corporate bond

- New funds will strengthen Activa's position in current oil price
environment

Bad Homburg, 26th October 2015. Activa Resources AG, an independent oil and
natural gas producer, has raised new capital totalling EUR 1 million. The
Management and Supervisory Boards passed resolutions on October 20th to
increase the company's share capital by 10 % against contribution in cash
by partially utilising the company's existing authorised capital. In
accordance with the company's statutes the existing shareholders ́
statutory subscription rights are excluded. In addition, a further private
placement of the Activa Resources AG 2013/2017 corporate bond has been
concluded.

As a result of the capital increase the company's nominal capital will
increase from currently EUR 5,466,803 (divided into the same number of
bearer shares) by EUR 546,680 to EUR 6,013,483 via issuance of 546,680 new
bearer shares. The new shares were subscribed by a German strategic
investor, active in the energy industry, at a price of EUR 1.40 per share.
Gross proceeds amount to EUR 765,352. No placement fees were paid.

In addition, a EUR 223,000 private placement of the Activa Resources AG
2013/2017 corporate bond (ISIN: DE000A1YCS50) to the same investor has been
made at a price of 100 %, thus taking the total outstanding volume of the
bond to EUR 5 million.

The total new capital raised by these combined measures totalling EUR 1
million will serve to strengthen Activa's financial position and to further
develop the company's operational activities.

Leigh A. Hooper, CEO of Activa Resources AG states: "Like all companies in
our industry we are impacted by the cyclical downturn in oil prices.
Despite the current market environment, we have succeeded in raising new
capital from strategic investors thanks to the development potential of our
oil and natural gas assets. Besides these capital measures we are making
important operational adjustments which will allow us to increase the value
of our assets going forward."

The Management Board

About Activa Resources AG
Activa Resources AG is an independent oil and gas company which focuses on