Nidhogg Resources Holding Secures SEK 1 Million Bridge Loan
Nidhogg Resources Holding AB (publ) ("Nidhogg" or “the Company”) has secured a SEK 1 million bridge loan from Industrikronan AB ("IK") to fund ongoing operations and the gold project in Egypt.
The loan can be drawn in five tranches of SEK 200,000, carries a monthly interest of 1.25%, and includes a 10% set-up fee on drawn amounts. It may be repaid early without penalty and is renewable on a quarterly basis on the same commercial terms. Nidhogg also has the option to convert outstanding debt and accrued interest into shares at a price based on 90% of the 21-day volume-weighted average share price prior to conversion. The Board of Directors assesses that the terms and conditions are in line with market conditions for a company of its size, both in terms of cost and flexibility.
This information is inside information that Nidhogg Resources Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication on October 15, 2025 at 15:00 CET by the following contact persons.
For more information, please contact:
Ulrich Andersson, Chairman of the Board of Nidhogg Resources Holding AB (publ)E-mail: [email protected]
Phone: +46 70 376 0515
Or
Niclas Biörnstad, CEO Nidhogg Resources Holding AB (publ)
E-mail: [email protected]
Phone: +46 70 729 9769
About Nidhogg Resources
Nidhogg Resources Holding AB (publ), www.nidhoggresources.se, is a Swedish limited liability company with a focus on commodities. Nidhogg was founded by individuals with a total of over 60 years of experience in the commodities market, with backgrounds ranging from exploration to exploitation as well as sales and a passion for extracting raw materials by applying innovative technology together with existing infrastructure.