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Activa Resources AG
Ansprechpartner: Lars Kuhnke
Tel.: +49 69 7430 3700
E-Mail: activa-resources@gfei.de

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pta20160810021
Public disclosure of inside information according to article 17 MAR

Activa Resources AG: and Texan Private Equity Group sign LOI to take stake in Activa Resources LLC


Bad Homburg (pta021/10.08.2016/17:30) - Activa Resources AG and a Texan Private Equity Group sign LOI to take stake in Activa Resources LLC

- Texas Private Equity group will invest USD 9.5 million for a 66 % stake in Activa Resources LLC
- 34 % ownership retained by Activa Resources AG
- Funds will be used to partially pay down credit line and to provide working capital
- The new investor commits to additional equity funding of USD 2.5 million by mid-2017

Bad Homburg, 10th August 2016. Activa Resources AG announces the signing of a Letter of Intent (LOI) with a Texas-based Private Equity group.

Under the terms of the LOI the Texan PE group will invest USD 9.5 million for a 66 % stake in Activa Resources LLC. 34 % ownership will be retained by Activa Resources AG. Of the funds invested it is anticipated that USD 7 million will be used to satisfy the requirement to reduce the outstanding balance of the company's credit facility with Texas Capital Bank. USD 2 million will be available as working capital and a payment of USD 500.000 will be made to Activa Holding Corp. which will remain 100 % owned by Activa Resources AG.

In addition to the initial equity investment the Private Equity group will commit to further equity investment of USD 2.5 million by July 2017 in order to develop Activa's oil and natural gas projects. Activa Resources AG retains the right to co-invest for 34 % for all future equity investments into Activa Resources, LLC.

Completion of due diligence und closing of the transaction is expected in early September. The parties have agreed to keep all other details confidential.

The transaction replaces the capital increase by Activa Resources AG that was alluded to in May 2016 which was primarily intended to reduce the Texas Capital Bank credit facility. Despite having 7-digit commitments in Euros from investors it was not possible to raise sufficient equity to meet the requirements of the bank.

The Management Board

Company contact Investor Relations contact
Activa Resources AG GFEI Aktiengesellschaft
Hessenring 107 Mailänderstr. 2
61348 Bad Homburg 30539 Hannover
Germany Germany
www.activaresources.com www.gfei.de
Phone: +49 (0)6172-483 2352 Phone: +49 (0)511-4740 2310
FAX: +49 (0)6172-483 2353 FAX: +49 (0)511-4740 2319
lah@activaresources.com activa-resources@gfei.de

(end)
emitter: Activa Resources AG
Hessenring 107
61348 Bad Homburg
Germany
contact person: Lars Kuhnke
phone: +49 69 7430 3700
e-mail: activa-resources@gfei.de
website: www.activaresources.com
stock exchanges: free market in Dusseldorf, basic board in Frankfurt, free market in Munich, free market in Stuttgart; open market in Berlin
ISIN(s): DE0007471377 (share)
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