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Cassandra Oil AB (CASOIL.ST)

CASOIL.ST on Stockholm Stock Exchange

24 May 2017
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Latest Key Developments (Source: Significant Developments)

Cassandra Oil Q4 net loss widens to SEK 9.6 million
Friday, 24 Feb 2017 02:00am EST 

Cassandra Oil AB :Q4 net loss 9.6 million Swedish crowns ($1.07 million) versus loss 9.0 million crowns year ago.  Full Article

Cassandra Oil carries out rights issue
Wednesday, 15 Jun 2016 02:00am EDT 

Cassandra Oil AB : Carries out rights issue . Rights issue to generate proceeds of up to 22.6 million Swedish crowns ($2.72 million) . Subscription price for each new share shall be 1.50 crown . Proceeds to be used for strengthening the company's financial position and further development of the company's products . Issue is fully guaranteed by Gabrielsson Invest AB, Invium Partners AB, Gryningskust Holding AB and major shareholder Anders Olsson .Subscription period to run from June 23 to July 7.  Full Article

Cassandra Oil AB signs MoU with Royal Saudi Arabian company
Tuesday, 20 Oct 2015 07:47am EDT 

Cassandra Oil AB:Cassandra Oil signs memorandum of understanding with a Royal Saudi Arabian company.Cassandra Oil and Tomorrow Environment Company (TECO) have agreed to form a joint company based in Kingdom of Saudi Arabia.Main intention is to process oil waste products relating to TECO's licence with ARAMCO.JV will also process other hydrocarbon rich waste such as used tires.  Full Article

Cassandra Oil AB secures private placement of 3 million common shares
Wednesday, 23 Sep 2015 03:02am EDT 

Cassandra Oil AB:Has secured private placement of a total of 3 million common shares to a small group investors mainly consisting of Mats Gabrielsson and Johan Thorell.Directed share issue takes place at a rate of 5.50 Swedish crowns ($0.6556) per share, which is below market rate.  Full Article

Cassandra Oil receives patent approval in USA
Friday, 11 Sep 2015 04:49am EDT 

Cassandra Oil AB:Cassandra Oil's patent application for separation reactor (P 10-0671) has been approved in the Unites States.Patent is previously approved in Sweden, New Zealand, China, Russia and South Africa.Says currently has patent applications pending in another 48 countries worldwide.  Full Article

Cassandra Oil appoints Bo Niveman new CFO, comments on outlook from FY 2015/2016 till FY 2020/2021
Wednesday, 2 Sep 2015 01:50am EDT 

Cassandra Oil AB:Bo Niveman has been appointed new CFO.Expects revenue FY 2015/2016 90 million Swedish crowns, profit after depreciation and taxes 20 million crowns.Expects revenue FY 2016/2017 500 million crowns, profit after depreciation and taxes 80 million crowns.Expects revenue FY 2017/2018 540 million crowns, profit after depreciation and taxes 120 million crowns.Expects revenue FY 2018/2019 620 million crowns, profit after depreciation and taxes 180 million crowns.Expects revenue FY 2019/2020 670 million crowns, profit after depreciation and taxes 220 million crowns.Expects revenue FY 2020/2021 720 million crowns, profit after depreciation and taxes 270 million crowns.  Full Article

Cassandra Oil AB appoints Anders Olsson new CEO
Friday, 28 Aug 2015 03:43am EDT 

Cassandra Oil AB:Appoints Anders Olsson as new CEO.Per Olsson leaves his position due to health reasons.  Full Article

Cassandra Oila AB and ragn-sells AB form partnership
Friday, 17 Jul 2015 08:00am EDT 

Cassandra Oil AB:Have signed letter of intent to begin collaboration on waste treatment through pyrolysis.Cassandra Oil AB (CASO) owns proprietary rights and manufactures technology for pyrolysis.  Full Article

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