The shareholders of the mining company Boliden are invited to an Extraordinary General Meeting on Thursday, January 23, 2025 in Stockholm. Shareholders can also vote by post in advance.
The Board of Directors wants authorization from the meeting to decide on a new issue of shares, corresponding to an increase in the number of shares by a maximum of 15%. This can be both a directed share issue and a rights issue.
The purpose of a new share issue shall be to provide funds to achieve an efficient capital structure and to refinance approximately half of the bridge loan secured to finance the acquisition of Neves-Corvo and Zinkgruvan.
The background is that Boliden on December 9 announced the acquisition of Lundin Mining's European mines, Zinkgruvan in Sweden and Neves-Corvo in Portugal.
Boliden AB is Europe's No. 3 zinc and copper producer. The group is also active in metal casting, refining, and recycling. Boliden AB also produces gold, silver and lead. Net sales break down by activity as follows:
- metal production and processing (93.4%);
- metal extraction (6.6%): primarily zinc and copper.
At the end of 2025, the group had 5 mines located in Sweden (3), Finland, and Ireland.
Net sales are distributed geographically as follows: Sweden (3.3%), Finland (8.9%), Nordic countries (0.5%), Germany (18.6%), United Kingdom (16.2%), Europe (48.4%), North America (0.5%) and others (3.6%).
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