Maha Energy AB publishes prospectus in relation to fully guaranteed rights issue

The board of directors of Maha Energy AB (publ) (”Maha” or the ”Company”) has prepared a prospectus in relation to the fully guaranteed rights issue with preferential rights for shareholders and warrant holders, decided by the board of directors and communicated through a press release on April 20, 2017.

The prospectus has today been approved by and registered with the Swedish Financial Supervisory Authority (Sw. Finansinspektionen). The prospectus is available for download on the Company’s website,, on Stockholm Corporate Finance’s website,, on Aqurat’s website,, and will also be available on the Swedish Financial Supervisory Authority’s website,

Timetable for rights issue
16 May – 26 May               Trading in subscription rights
16 May – 30 May               Subscription period
2 June                               Estimated date for announcement of outcome of the rights issue

Stockholm Corporate Finance AB acts as financial adviser and Setterwalls Advokatbyrå AB acts as legal adviser (as to Swedish law) to the Company in connection with the Rights Issue. FNCA Sweden AB is the Company’s Certified Adviser.

For more information, please contact:
Peter Enström, CEO Stockholm Corporate Finance
Tel: +46 8 440 56 47 

Jonas Lindvall, CEO Maha Energy
Tel: +1 403 454 7560

Ron Panchuk, COO Maha Energy
Tel: +1 403 454 7560

About Maha 
Maha Energy AB is a Swedish public limited liability company. FNCA Sweden AB has been engaged as Certified Adviser. The Company’s auditors are Deloitte. The Company’s predecessor Maha Energy Inc. was founded in 2013 in Calgary, Canada, by Jonas Lindvall and Ron Panchuk. In May 2016, the new group was formed with Maha Energy AB as parent company for purposes completing an initial public offering on the Nasdaq First North Sweden stock exchange. Jonas Lindvall, CEO and Managing Director, has 26 years of international experience in the oil and gas industry, starting his career with Lundin Oil during the early days of E&P growth. After 6 years at Shell and Talisman, Jonas joined, and helped secure the success of, Tethys Oil AB. Maha’s strategy is to target and develop underperforming hydrocarbon assets on global basis. The Company operates two oil fields, Tartaruga in Brazil and LAK Ranch, in Wyoming, U.S. For more information, please visit our website

About Stockholm Corporate Finance
Stockholm Corporate Finance is a Swedish, independent and privately owned financial advisor offering qualified transaction based advisory services by acting in capital raisings, changes in ownership, acquisition, merger and acquisitions (M&A) in listed and privately held companies. Stockholm Corporate Finance is the exclusive Swedish partner in the global network of M&A Worldwide consisting of 44 M&A advisors and investment banks in 38 countries. Stockholm Corporate Finance is an investment firm which is supervised by the FSA and is a member of the trade organization SwedSec Licensing AB.