SeaBird Exploration Key information relating to potential subsequent offering to be carried out by SeaBird Exploration PLC
18 September 2017, Limassol, Cyprus
Reference is made to the stock exchange notice from SeaBird Exploration PLC (the "Company"), on 15 September 2017, regarding a private placement of up to NOK 100 million in the Company at a subscription price of NOK 0.10 per share (the "Private Placement") and a possible subsequent offering at the same subscription price as in the Private Placement (the "Subsequent Offering").
Date on which the terms and conditions of the potential repair issue were announced: 15 September 2017
Last day including right: 15 September 2017
Ex-date: 18 September 2017
Record date: 19 September 2017
Date of approval: Expected to be on or around 2 October 2017
Maximum number of new shares: 50,000,000
Subscription price: NOK 0.10
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SeaBird Exploration Plc via Globenewswire