Regulatory News:
Reference is made to the stock exchange release made by Norse Energy Corp. ASA (the "Company") (OSE:NEC) on 25 April 2013 regarding the Company's resolution to issue a convertible loan (the "Convertible Loan").
On 25 April 2013, board member and primary insider Bjarte Bruheim subscribed for NOK 1,500,000 in the Convertible Loan. Assuming full conversion at a conversion price of NOK 0.075, this represents 20,000,000 shares in the Company.
Following subscription of the Convertible Loan, Bjarte Bruheim holds, directly and indirectly, 1,200,000 shares, 0 options and the NOK 1,500,000 convertible loan as set out above, in the Company.
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Contacts:
Norse Energy Corp ASA:
Press Office:
+47 67 51 61 10
