Soil Steam’s 45 MNOK rights issue oversubscribed

Soil Steam has received an overwhelming interest in its recent rights issue. One of the most well-known Norwegian investment houses, CANICA, has taken the lead with a 20 million NOK subscription. A large private pension fond is also on the subscription list, together with local investors, members of the Board of Directors, and employees.

“We are very pleased to see investors believe in our plans”, says Einar Abrahamsen, Chairman of the Board. “I’m particularly pleased that CANICA, following a mini-DD, decided to become part of the Soil Steam journey. With our current team of investors, we now have the financial muscles we need to proceed with our ambitious plans. The future looks good for SSI”.

The investment of CANICA was picked up by one of the main financial Newspapers in Norway (in Norwegian, paywall). 

https://finansavisen.no/nyheter/landbruk/2021/01/19/7610801/oddbjorn-bergem-og-hans-kristian-westrum-i-soil-steam-henter-kapital-far-med-canica-og-stein-erik-hagen-pa-laget

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