NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE SERVICES, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, HONG KONG, SINGAPORE OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. FURTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS RELEASE. Reference is made to the press release published by Electromagnetic Geoservices ASA (`EMGS` or the `Company`) dated 2 March 2018 wherein it was announced that the Independent Board proposed the Comprehensive Refinancing; consisting of the Rights Issue (raising gross proceeds of between USD 10.0 and 12.5 million, whereof USD...
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