Dome Energy announces the closing of the acquisition of Ginger Oil Company

Dome Energy AB. ( (herein after “Dome” and/or “the Company”) announces the closing of the acquisition of Ginger Oil Company (GOC). The terms of the final agreement are better than previously described. Dome will issue 10m shares to use as payment for 100% of ownership in GOC instead of the previously announced 20m shares. There will be no contingencies after the closing instead of the previously announced potential extra payment of 20m shares. GOC owners have also agreed to amortize additional $250,000 on the debt facility. The reason for the late closing and change of terms, is the fact that the final bank approval has taken longer than expected.  

·  The subscription price is SEK 1 per share regardless of the market price on the day of set off.
·  For the existing shareholders the issue results in a dilution of approximately 4% of the capital and approximately 4% of the votes in the Company.
·  The number of outstanding shares will increase from 229,292,636 to 239,292,636 shares, due to the issue.
·  The new share issue results in increased share capital of SEK 1,000,000, from SEK 22,929,263 to SEK 23,929,263 and increased number of votes from 229,292,636 till 239,292,636

For further information, please contact:
Paul Morch
Phone: +1 713 385 4104
E-mail: [email protected]

This information is the kind of information that Dome Energy AB (publ) is obliged to publicize according to EU Market Abuse Regulations (MAR). The information was publicized, by the above contact person September 5, 2017, 08:30 CET.

About Dome Energy
Dome Energy AB. is an independent Oil & Gas Company publicly traded on the Nasdaq First North exchange in Sweden (Ticker: DOME ( Mangold Fondkommission AB, phone: +46 8 503 01 550, is the Company’s Certified Adviser. Headquartered in Houston, Texas, the Company’s focus is on the development and production of existing onshore Oil & Gas reserves in the United States. For more information visit