Communiqué from the Extra General Meeting of Nordic Mines AB (publ) held on 15th June 2012

 Press release June 15, 2012 At the Extra General Meeting of Nordic Mines AB (publ), held on 15(th) June 2012, at Företagshotellet Drabanten, Bangårdsgatan 13, Uppsala, the shareholders resolved to approve the Board of Director's resolution on a new issue of shares. The Board's resolution means that one (1) subscription right is obtained for one (1) existing share...

 Press release June 15, 2012

At the Extra General Meeting of Nordic Mines AB (publ), held on 15^th June 2012, at Företagshotellet Drabanten, Bangårdsgatan 13, Uppsala, the shareholders resolved to approve the Board of Director's resolution on a new issue of shares.

The Board's resolution means that one (1) subscription right is obtained for one (1) existing share. One (1) subscription right entitles to subscription for one (1) new share in the Company at a subscription price of SEK 6.00, which means that the number of shares in the Company will increase by not more than 39 315 647 and that the Company's share capital will increase by not more than SEK 39 315 647.

The record date with Euroclear Sweden AB for participation in the preferential rights issue is 20^th June 2012. The subscription period will be 21^st June 2012 through 5^th July 2012 or such later date that the Board may decide. Subscription rights that have not been used by that date will become invalid and loose their value. Subscription rights will be traded on NASDAQ OMX Stockholm from 21^st June 2012 through 2^nd July 2012.

The Company will receive not more than approximately SEK 236 000 000 by way of the preferential rights issue.

The Board of Directors revoked its proposal for an authorization for the Board to issue new shares with preferential rights to the shareholders.

The complete proposals for resolutions regarding the Extra General Meeting as referenced above are available at the Company's headquarters at Trädgårdsgatan 11, 753 09 Uppsala, and on the Company's webpage www.nordicmines.se.

 

On behalf of Nordic Mines AB (publ)

The Board of Directors

 

For further information, please contact:

Lennart Schönning, Chairman of the Board, phone: +46 (0) 18 84 34 500

Michael Nilsson, CEO Nordic Mines AB (publ), phone: +46 (0)18 84 34 500

 

For more information on Nordic Mines, please visit www.nordicmines.se. 

Please note:

The information shall be made public by Nordic Mines AB (publ) pursuant to the Securities Market Act and/or the Financial Instruments Trading Act.

The information was published at 14.20 on 15^th June 2012.

  

Nordic Mines is a Nordic mining and exploration company whose goal is to be one of the leading gold producers in Europe and a role model in respecting the environment. The company started mining gold in the Laiva mine in Finland in summer 2011. These gold deposits are among the largest in the Nordic region. Exploration is in progress in Finland and Sweden. Nordic Mines has 86 employees and its head office is in Uppsala. The Nordic Mines share is traded on the Nasdaq OMX Mid Cap list in Stockholm.

 

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