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Dannemora Mineral files for reconstruction


Tuesday, 13 May 2014 02:55am EDT 

Dannemora Mineral AB:Files for company reconstruction with the Uppsala District Court.The process is financed by a special reconstruction loan, which is expected to secure the Group's funding for the initial three months of the reconstruction process.The decision to apply for reconstruction is based on the fact that the company has not reached the necessary financing solution in time, with shortage of liquidity as a consequence.The reconstruction covers the parent company Dannemora Mineral AB and its subsidiary Dannemora Magnetit AB.Mikael Kubu, Ackordscentralen, is proposed in the application to administrate the reconstruction. 

Company Quote

0.294
0.032 +12.21%
19 Dec 2014