The Board of Directors and the CEO of Nordic Mines subscribe for shares in the rights issue

The Board of Directors and the CEO of Nordic Mines subscribe for shares in the rights issue

ID: 430504

(Thomson Reuters ONE) -


The English text is an unofficial translation of the Swedish original, and in
the event of any discrepancies between the Swedish text and the English
translation the Swedish text shall take precedence. This is not a legal
document.

PRESS RELEASE 29 October 2015

The Chairman and all Directors of Nordic Mines Board of Directors has announced
their intention to subscribe for shares in Nordic Mines' rights issue and where
applicable equivalent to at least their respective pro rata share. The Company
CEO Eva Kaijser has also announced her intention to subscribe for shares in the
Company's rights issue.

At full subscription, the rights issue will provide the Company with more than
SEK 108 million before issue expenses. The subscription period runs from 26
October 2015 to 9 November 2015 or a later date as decided by the Board of
Directors.


For further information, please contact:
Eva Kaijser, CEO,+46 (0)70 932 09 01
Jonatan Forsberg, CFO, +46 (0)76 105 13 10

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

The information presented above has been disclosed pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act. The information was
published on 29 August 2015 at 3:00 p.m.

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. The Nordic Mines share
has been admitted for trading on the Nasdaq Stockholm's Small Cap list. Also
refer to www.nordicmines.se.


Press release (PDF):
http://hugin.info/138647/R/1962461/715790.pdf







This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Nordic Mines AB via GlobeNewswire
[HUG#1962461]




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Bereitgestellt von Benutzer: hugin
Datum: 29.10.2015 - 15:00 Uhr
Sprache: Deutsch
News-ID 430504
Anzahl Zeichen: 2570

contact information:
Town:

Stockholm



Kategorie:

Business News



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"The Board of Directors and the CEO of Nordic Mines subscribe for shares in the rights issue"
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