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Source: Saab August 15 2011

Swedish Automobile Issues Subscription Notice Under GEM Facility

Trollhättan, Sweden: Swedish Automobile N.V. (Swan) announces today that it issued a subscription notice for 4 million shares under the current EUR 150 million equity facility between Swan and GEM Global Yield Fund Limited. The exact number of shares to be issued and the price thereof will depend on the pricing period which commences today.
Swan and Saab Automobile AB continue their discussions with parties to obtain further short-term funding to be able to restart and sustain production.

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  1. Rob Wilson
    Good luck,
    I hope some good news comes from Trolhatten soon.
    Saab production NEEDS to start, and the motoring world needs Saab to maintain a balance of choice.
    # 1
    August 18, 2011
  2. Jahlin
    Holy shinizt, this is so cool thank you.
    # 2
    September 8, 2011
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