Marine energy developer Minesto raises US$5 million from warrants program

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Marine energy developer Minesto raises US$5 million from warrants program

Marine energy developer Minesto has concluded its warrants program of series TO 2. In total, 98% of outstanding warrants were exercised, which means that Minesto will add approximately SEK44.4 million (US$4.92 million) in proceeds before issue costs to the commercialisation activities of the company’s unique subsea kite technology.

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