News & Media

Minesto announces rights issue of units of approximately SEK 86 million

November 08, 2019
Press releases
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD...Read more »
The Rights Issue is carried out in order to give the existing shareholders of the Company the opportunity to subscribe for new shares in the Company under the same conditions as in the private placement of units of approximately SEK 60 million (the "Directed Issue") that Minesto completed in... Read more »

Minesto completes a directed issue of Units – raising proceeds of SEK 60 million – and announces subsequent rights issue of Units of SEK 86.5 million

October 28, 2019
Press releases
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD...Read more »
“These transactions allow us to accelerate the pace of commercialisation of our product. We secure the capital needed to realise our current public-funded projects as well as other market and product development activities. It also provides us with financial resources for the foreseeable future in... Read more »

Minesto News Update 25 October 2019

October 25, 2019
News
· Minesto engages with key stakeholders and renew collaboration agreement in Taiwan · Minesto at UNOPS Inauguration · Wanted: Office Administration to Minesto’s Gothenburg head offices · Wales can be a nation powered by marine energy, vows Energy Minister · Q&A with CEO Martin Edlund (in...Read more »
Minesto engages with key stakeholders and renews collaboration agreement in Taiwan Last week was eventful for Minesto in Taiwan as the company attended the country’s largest renewable energy conference, engaged with key stakeholders and renewed the collaboration agreement with National Taiwan Ocean... Read more »

Taiwan update

October 25, 2019
Minesto with representatives of NTOU after renewing the parties collaboration agreement in Taipei, October 2019
News
Last week was eventful for Minesto in Taiwan as the company attended the country’s largest renewable energy conference, engaged with key stakeholders and renewed the collaboration agreement with National Taiwan Ocean University to explore the potential for Minesto’s Deep Green technology in Taiwan... Read more »

Minesto at UNOPS Inauguration

October 23, 2019
Minesto CEO Dr Martin Edlund with Git Sturesjö Adolfsson, Vice President of BGA Invest at UNOPS Inauguration
News
Together with BGA Invest, Minesto had the honour of attending the inauguration of UNOPS (United Nations Office for Project Services) Global Innovation Centre in Lund earlier this week. UNOPS' Sweden-based Global Innovation centre was launched with support from the Swedish government and Sony,... Read more »

Minesto receives approval for EU-funded site project in France

October 16, 2019
Press releases
Leading marine energy developer Minesto has received approval for an EU-funded project aiming at installing the company’s unique renewable energy technology at the grid-connected Paimpol-Bréhat test site in France, operated by the French electric utility company EDF with the support of the Brittany...Read more »
Minesto, as part of a wider EU-funded project called TIGER, will utilise a grant of approximately €2.4 million to manufacture, install and operate Minesto’s marine energy converter DG100 at a grid-connected site off Brittany operated by the electric utility company EDF. “The delivery of this... Read more »

Q&A with CEO Martin Edlund (in Swedish)

October 14, 2019
Media
Minesto's CEO Dr Martin Edlund answers on shareholders' questions in this Q&A session in Swedish.Read more »

Further activities to shift Minesto staff to new incentive plans

September 20, 2019
Press releases
The Board of Directors of Minesto AB has decided to offer 1,965,000 warrants to Minesto’s staff within the framework of the warrant plan PO5 approved in this year’s AGM. At the same time, Minesto’s financial advisor Pareto has facilitated the exercise of outgoing warrants of series PO3 by which a...Read more »
PO5 is the second of three future warrant plans approved in Minesto's Annual General Meeting in 2019. Minesto’s Board of Directors have decided to offer all staff a total of 1,965,000 PO5 warrants to continue to incentivise Minesto management and staff to build shareholder value in the company. A... Read more »

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