Decision from the meeting of the creditors at Uppsala Tingsrätt

PRESS RELEASE, 29 July 2013 (A translation from Swedish) Nordic Mines AB (publ) and Nordic Mines Marknad AB have today had a meeting of the creditors at Uppsala Tingsrätt (Uppsala District Court). The court decided that the reorganizations shall continue. It was noted that the reorganizations are dependent on the reorganization proceeding for the Finnish subsidiary Nordic Mines OY...

PRESS RELEASE, 29 July 2013 (A translation from Swedish)

 

 

Nordic Mines AB (publ) and Nordic Mines Marknad AB have today had a meeting of the creditors at Uppsala Tingsrätt (Uppsala District Court). The court decided that the reorganizations shall continue. It was noted that the reorganizations are dependent on the reorganization proceeding for the Finnish subsidiary Nordic Mines OY.

 

Nordic Mines AB (publ) and Nordic Mines Marknad AB have today had a meeting of the creditors at Uppsala Tingsrätt. It was decided that the reorganizations shall continue and it was decided to assemble a creditors' committee on request of the project financing consortium.

 

The Swedish Corporate reorganization plan was presented and it was stated that it is depending on the Finnish subsidiary's corporate reorganization and its reorganization plan, which will be presented at the Finnish court the 9th September 2013.

 

The preliminary corporate reorganization plan for Nordic Mines AB (publ) can be found at: www.nordicmines.com

 

The financial quarterly results report for Nordic Mines will be published 8^th August 2013.

 

 

For further information, please contact:

Thomas Cederborg, CEO, +46 708 480 521

Susanne Andersson, CFO, +46 730 668 904

 

For further information regarding Nordic Mines, please connect to www.nordicmines.com

 

 

The information above has been made public in accordance with the Securities Market Act and/or Financial Instruments Trading Act. The information was published at 14.00 (CET) on July 29, 2013.

 

 

Nordic Mines is a Nordic mining and exploration company whose vision is to be one of the leading gold producers in the Nordics and 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 in Sweden. Nordic Mines was established 2005 and have more the 100 employees with head office in Uppsala, Sweden, The Nordic Mines share is traded on the Nasdaq OMX Small Cap list in Stockholm.

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