Additional financing for Keliber

Investments in companies - 27.6.2014

Image: Keliber Oy


Keliber Oy has successfully concluded an equity issue with gross proceeds of approximately EUR 2.2 million for the development of its lithium project in Central Ostrobothnia, Finland. The new financing allows the continuation of company’s successful drilling program. Financing will be also used for process optimization test work, EIA report and for finalizing the pre-feasibility study in the turn of the year 2014 – 2015.

CEO Olle Sirén comments: ”We are satisfied with obtained additional financing. We can continue our systematic work to become the first producer in Europe of high-purity lithium carbonate.”

Finnish Industry Investment participated in the equity issue. Finnish Industry Investment has been an investor in Keliber Oy since 2012.

For further information please contact: CEO Olle Sirén +358 (0)40 7789123

Keliber Oy (www.keliber.fi)

Keliber Oy is a Finnish exploration and near-term mining company. Keliber aims to become the first company to produce high-purity lithium carbonate from spodumene in Europe. Company’s long-term goal is to produce 6 000 tonnes of lithium carbonate per year. Keliber is owned by the Norwegian Nordic Mining ASA and Finnish private investors.