Blackstone Resources opens its door to Europe – Short selling of BLS Shares
Correction of our press release of this morning.
Baar, August 9, 2018; The shares of Blackstone Resources AG were listed on the SIX Swiss Stock Exchange with the Symbol BLS
(ISIN: CH0258739751) on 9.7.2018 and are quoted in CHF.
The shares of Blackstone Resources are also now included in the SPI, the Swiss Performance Index and not in the SMI Index.
Many index funds managed by Credit Suisse, Blackrock and others may have to add our shares to their portfolios.
Blackstone Resources AG shares are now also listed on the relevant German Stock exchanges, at Frankfurt (FRA), Stuttgart (STU) and Berlin (BEB) with the symbol 4BR in EUR. The shares are freely tradable for interested investors in continental and German speaking part of Europe.
Many European internet services and portals are covering the shares as well.
The Board of Directors has observed the development of the share prices from the beginning and does not normally comment on the share prices.
The board announces now, that we believe that the shares of Blackstone Resources AG, BLS, listed at the SIX Swiss Exchange, have been shorted to a large extent since the listing of the shares. This information has been communicated to the SIX Swiss Exchange.
We further believe that this short selling will be covered within the next three weeks.
The Board of Directors
Blackstone Resources is a Swiss Holding Company, with its legal domicile in Baar, Kanton Zug and is concentrating on the battery metals market as primary metals. In addition, it sets up, develops and manages refineries used for gold and battery metals.
There are few companies quite like Blackstone Resources in Europe. It offers direct exposure to the battery metal revolution that is being driven by the demand of electric vehicles that need vast quantities of these metals. These include cobalt, manganese, molybdenum, graphite and lithium.
This media release is for information purposes only. It is not a solicitation to buy or sell securities. A public offer of securities for Blackstone Resources AG has not yet taken place. Any subscription orders received prior to the start of the offer period will be rejected. This media release is not to be considered an issuer’s prospectus, defined under Art. 652a or a listing prospectus that is defined by the listing rules of the SIX Swiss Exchange. If a public offer for securities of Blackstone Resources is made, a prospectus will be published that complies with Swiss law and is available free of charge from: Blackstone Resources AG, Blegistrasse 5, 6340 Baar, Switzerland.
Telephone: +41 41 449 61 63 or e-mail: firstname.lastname@example.org
This media release and the information within are not intended for distribution in the United States (“US”), Australia, Canada or Japan, nor may they be distributed in any such publications that are circulated or forwarded to these aforementioned countries. This media release does not constitute an offer or solicitation to buy securities in the United States. The securities of Blackstone Resources AG have not been converted in accordance with the US Securities Act of 1933, and may not be offered for sale, sold, or delivered in the United States without prior registration or exemption from such registration obligations. If a public offering of securities pursuant to this notice is made in a European Economic Area country which has adopted Directive 2003/71 /EU (together with applicable implementing legislation, the “Prospectus Directive”), it is exclusive to qualified investors in the European Union Member State within the meaning of the Prospectus Directive.
This press release is exclusively addressed to persons (i) outside the United Kingdom, or (ii) who are investment professionals for the purposes of article 19(5) UK Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), as amended, or (iii) who are included under article 49(2)(a)–(d) of the Order (“high net worth companies, unincorporated associations, etc.”). All such persons are hereinafter referred to as “Relevant Persons”. Any person who is a Relevant Person may not act on or rely on this notice or its content. Investment or investment activities in connection with this press release are only available to Relevant Persons, and investment business will only be transacted with Relevant Persons.
This release contains forward-looking statements such as projections, forecasts, and estimates. Such forward-looking statements are subject to certain risks and uncertainties that could cause the actual results, performance or events that have been anticipated in this press release to differ materially. The forward-looking statements contained in this press release are based on the current views and assumptions of Blackstone Resources AG. Blackstone Resources AG assumes no obligation to update or supplement this press release.