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Numisbing AB (publ) Secures SEK 150 Million Capital Commitment from GEM Global Yield Fund
STOCKHOLM, 10 of June, 2019 – NUMISBING AB (Numisbing or the Company) announced today that it has secured a SEK 150 million (~today EUR 14.1 million / USD 15.9 million) capital commitment agreement with GEM Global Yield Fund LLC SCS (GEM), a Paris, New York, Los Angeles based private alternative investment group. Proceeds raised from the investment will go towards working capital, inventory, projects funding & acquisition.
Read the entire press release here: Numisbing pressrelease_eng 201290610
Numisbing Limited invest USD 1 Million in its Collectibles Fund
STOCKHOLM, 14 of June, 2019 – Numisbing AB announced that its Dubai based subsidy Numisbing Limited has invested USD 1 Million (SEK 9.4 Million) into Class ‘A’ of Collectibles Fund segregated portfolio as per 31 May 2019 NAV of USD 142.4068 per unit (Bloomberg : CABCOSP:KY). This investment will be utilized by Collectibles Fund to acquire more Numismatic items to its existing portfolio.
Read the entire press release here: Pressrelease Numisbing_eng 20191014