Delta Minerals rights issue subscribed with 132%

Stockholm, 12 February, 2014 – Delta Minerals rights issue closed on the 5 February and was underwritten by 132%. The over-allotment was used to 53%.  The Board in Delta Minerals decided on 10 January 2014 to conduct an offering of 3.3 MSEK with an over allotment of 2 MSEK. The rights issue is intended to finance a study in the Republic of the Philippines that could lead to the production of minerals in Abra river. The study's purpose is primarily to establish the parameters of Abra river and plan for a start-up.

"We are pleased that the interest has been so high and to have a good start for the company.", says Thomas Lundgren, CEO.

A total of 20.012.561 shares were subscribed for representing 4 402 763 SEK. Sales notes for those who have not signed with subscription rights will be sent out this week. Approximately 53% of the decided over-allotment will be called.

Delta Minerals project in the Republic of the Philippines
Abra river’s delta contains varying amounts of minerals, including magnetite, which is used for iron production. An important byproduct is sand and gravel, which have already been examined and will be sold as construction material and reclamation material. Filling and building materials market will primarily be sold to Hong Kong and Taiwan. For building materials, Singapore is also an interesting market.

In the Vigan area arise periodically flooding, especially during the monsoon season, which seriously affect the population in the area with death and major property damage due to the eroded sand that accumulates. By transporting away excess sand, will Delta Mineral’s activity contribute significantly to environmental and social actions.

For more information contact;
Chairman Hakan Gustafsson,, +46 70-268 00 35
CEO Thomas Lundgren,, +46 70-397 25 24,

Information about the issue is obtained via Eminova brokerage, . Alternatively, the company website

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