The exploration company Mahvie Minerals is investigating the possibility of carrying out a directed share issue of approximately SEK 1.5 million, according to a press release.

The issue would be directed to qualified investors and carried out primarily to strengthen working capital, as well as develop the Haveri gold project.

The subscription price and the number of newly issued shares will be determined through a bookbuilding procedure, which is expected to be completed before the start of trading on NGM Nordic today, Friday, December 13.