Zaklady Magnezytowe Ropczyce Spolka Akcyjna (WSE:RPC) announced a private placement of 460,137 series D shares and the maximum of 2,994,348 series E shares at PLN 21.07 per share for gross proceeds of PLN 72,785,998.95 on August 26, 2016. The shares have par value of PLN 2.5 per share and will be issued at premium. The company’s registered capital will be increased by PLN 8,636,212.5. The company will also issue 2,994,348 series A warrants in the transaction. Each series A warrant will give right to new subscription for 1 new series E share. The transaction has been approved by supervisory board of the company.