DGAP-Adhoc 151 0 Kommentare HMS Bergbau AG: Additional financing for operat-ing and project activities secured through private placement

DGAP-Ad-hoc: HMS Bergbau AG / Key word(s): Financing/Investment
HMS Bergbau AG: Additional financing for operat-ing and project activities secured through private placement

15-Feb-2021 / 18:57 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Publication of Insider Information according to Article 17 MAR as of 15 February 2021

HMS Bergbau AG: Additional financing for operat-ing and project activities secured through private placement

Berlin, 15 February 2021: HMS Bergbau AG, one of the leading independent raw materials trading and marketing companies in Germany, has secured debt financing of EUR 8 million in the context of a private placement to finance its operating activities and the project development of its subsidiary Silesian Coal International Group of Companies S.A. The bond was fully subscribed by a German investment entity. The investment entity has the option to convert its loan into shares of Silesian Coal International Group of Companies S.A. held by HMS Bergbau AG in lieu of repaying the loan upon maturity. HMS Bergbau AG plans to use the funds primarily to finance the operating activities of Silesian Coal International Group of Companies S.A. in addition to the expansion of its own business processes. The companies agreed not to disclose further details of the agreement.

Silesian Coal plans to develop the identified potential coal deposit of 2.2 billion tonnes in situ - of which around 672 million tonnes of high-quality coal were identified as recoverable according to the JORC standard - at low cost using existing infrastructure. Once the mining licence has been granted, the aim is to produce around 1.5 million tonnes of coking coal annually. Coking coal has been defined as a critical raw material by the European Union since 2014.

The Management Board

Contact:
Company contact:
HMS Bergbau AG
An der Wuhlheide 232
12459 Berlin
T.: +49 (30) 65 66 81-0
F: +49 (30) 65 66 81-15
Email: info@hms-ag.com
URL: www.hms-ag.com

HMS Investor Relations contact:
GFEI Aktiengesellschaft
Ostergrube 11
30559 Hannover
T.: +49 (511) 47 40 23 00
F.: +49 (511) 47 40 23 19
www.gfei.ag
Email: investors@hms-ag.com

15-Feb-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:	English
Company:	HMS Bergbau AG
	An der Wuhlheide 232
	12459 Berlin
	Germany
Phone:	030 65 66 81-0
Fax:	030 65 66 81-15
E-mail:	hms@hms-ag.com
Internet:	www.hms-ag.com
ISIN:	DE0006061104
WKN:	606110
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board)
EQS News ID:	1168472