Norsk Titanium AS: Share capital increase registered
2023-04-06 13:04:46
Oslo, Norway, 6 April 2023: Reference is made to the stock exchange notice by
Norsk Titanium AS ("Norsk Titanium" or the "Company") published on 30 March 2023
regarding a share capital increase following a successfully completed private
placement in the Company.
The issuance of 14,601,497 new shares resolved by the board of directors
pursuant to an authority granted by the general meeting has been registered with
the Norwegian Register of Business Enterprises. Following registration, the
share capital of Norsk Titanium is NOK 20,388,136.08 divided into 254,851,701
shares, each share having a par value of NOK 0.08 and carrying one vote in the
Company's general meeting.
For more information, please contact:
John Andersen, Chairman of Norsk Titanium AS
Email: John.Andersen@scatec.no
Tel: +47 90 17 40 80
Mike Canario, President and CEO of Norsk Titanium
Email: Michael.Canario@norsktitanium.com
Tel: +1 518 324 4010
Ashar Ashary, VP Finance Norsk Titanium AS
Email: Ashar.Ashary@norsktitanium.com
Tel: +1 518 556 8966
About Norsk Titanium:
Norsk Titanium is a global leader in metal 3D printing, innovating the future of
metal manufacturing by enabling a paradigm shift to a clean and sustainable
manufacturing process. With its proprietary Rapid Plasma Deposition® (RPD®)
technology and 700 MT of production capacity, Norsk Titanium offers
cost-efficient 3D printing of value-added metal parts to a large addressable
market. RPD® technology uses significantly less raw material, energy, and time
than traditional energy-intensive forming methods, presenting customers with an
opportunity to better manage input costs, logistics, and environmental impact.
RPD® printed parts are already flying on commercial aircraft, and Norsk Titanium
has gained significant traction with large defense and industrial customers.
For the latest news, go to www.norsktitanium.com or follow us on LinkedIn.
This information is subject to the disclosure requirements pursuant to Euronext
Growth Oslo Rule Book - Part II.