DGAP-Ad hoc: Deutsche Rohstoff AG

DGAP-Adhoc: Deutsche Rohstoff AG: Sucessful completion of bond placement

Deutsche Rohstoff AG / Key word(s): Issue of Debt

18.07.2016 20:18

Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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Deutsche Rohstoff AG: Successful completion of bond placement Proceeds of EUR 40.6 million

Heidelberg. Deutsche Rohstoff AG has successfully completed the placement of its second bond. The total proceeds from conversion of the old bond 2013/2018 into the new one and placement with institutional and private investors amounted to EUR 40.6 million. Conversion from the former bond had the largest share of the placement with EUR 19.5 million. Institutional and private investors subscribed a total of EUR 21.1 million.

Thomas Gutschlag, CEO of Deutsche Rohstoff, commented: "We are very satisfied with the placement result in the current challenging market environment. We have achieved our main objective, which was to significantly reduce our long-term financing costs."

The new bond with the WKN A2AA05 has a five-year term, maturing on 20 July 2021 with an interest rate of 5.625%. The former bond, which runs until 2018 had an interest rate of 8% p.a. Sole Leadmanager/Bookrunner of the placement was ICF BANK AG in Frankfurt am Main, who also led the transaction of the old bond from 2013. Trading of the new bond in the Entry Standard segment of the Frankfurt Stock Exchange will commence on 20 July 2016.

Deutsche Rohstoff AG currently finances an extensive drilling program in the United States through its subsidiaries Elster Oil & Gas (EOG) and Cub Creek Energy (CCE). A total of 25 horizontal wells will begin production in the coming months. Depending on the development of oil and gas prices, further wells are planned in early 2017. Overall, EOG and CCE currently have an inventory of about 110 already permitted wells. At the end of May, a reserve report confirmed proved and probable reserves of 10 million and 12.5 million barrel of oil equivalent.

Heidelberg, 18 July 2016

Deutsche Rohstoff identifies, develops and divests attractive resource projects in North America, Australia and Europe. The focus is on the development of oil and gas opportunities within the United States. Metals, such as gold, copper, rare earth elements, tungsten and tin complete our portfolio. For more information please visit www.rohstoff.de.

Contact:

Deutsche Rohstoff AG Thomas Gutschlag Tel. +49 6221 871 000 info@rohstoff.de

18.07.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

--------------------------------------------------------------------------- Language: English Company: Deutsche Rohstoff AG Friedrich-Ebert-Anlage 24 69117 Heidelberg Germany Phone: 06221-87100-11 Fax: 06221-87100-22 E-mail: gutschlag@rohstoff.de Internet: www.rohstoff.de ISIN: DE000A0XYG76, DE000A1R07G4, WKN: A0XYG7, A1R07G Indices: Entry Standard (Performance TOP 30) Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart; Open Market (Entry Standard) in Frankfurt End of Announcement DGAP News-Service ---------------------------------------------------------------------------