Press Release 13 September 2017

Nordic Mines AB Extraordinary General Meeting 8 September 2017

At the Annual General Meeting, proposals from Firesteel Resources Ltd and proposals from Lau Su Holding AB were presented and decided upon. At the meeting, Lau Su withdrew its proposal and the AGM resolved to approve proposals as Board and Firesteel have prepared in the form of Joint Venture in Nordic Mines Marknad AB. Nordic Mines has previously informed about the deal in detail, which can also be found such as press releases.

Firesteel intends to invest the corresponding CAD 20m in the business and to finance Nordic Mines AB with loans until Laiva's activities begin to generate own funds that will flow to Nordic Mines AB.

There is no decision about and when the share is to be noted again. There are a number of options that the board can take into consideration in the ongoing work.

The AGM also decided to approve the resignation application for Board members Hans Andreasson and Torsten Börjemalm. New members of board, Fred Boman and Clas Jansson were elected.

For additional information contact:

Torbjörn Bygdén 
Company secreterare och Investor Relations 
Torbjorn.Bygden@azets.net 
00 46 (0) 70 301 45 46 
Lindhagensgatan 94, box 34212 10026 Stockholm

For more information Nordic Mines, besök www.nordicmines.com/. 

Nordic Mines AB (publ.) is obliged to make this information public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 14 September 2017. 

Nordic Mines is a Nordic mining and exploration company. The Laiva mine in Finland produced gold between 2011 and 2014. The deposit is among the largest in the Nordic region. Nordic Mines is a member of SveMin and applies its reporting regulations for public mining and exploration companies.