Norsk Titanium Shares Secure Alchemia’s Credit Facility

Norsk Titanium AS (DE:84F) has released an update.

Alchemia Capital AS has amended its credit facility with Skandinaviska Enskilda Banken AB, which now includes shares of Norsk Titanium AS as part of the security package. These shares are connected to Scatec Innovation AS, which has ties to Norsk Titanium’s chairman, John Andersen. Details of the share pledging are outlined in the required trade notification.

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