Nordic Mines informs
(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.
PRESS RELEASE, 17 May 2016
Nordic Mines AB (publ) ("Nordic Mines" or the "Company") reported in a separate
press release, as of today, an updated Mineral Resource for the Laiva project
based on the new sorting strategy developed by the management of the Company in
order to prepare for a restart of the Laiva operations. The Company's intention
in the near future is further, as reported on May 12, 2016 in Nordic Mines'
interim report for the first quarter 2016, to seek additional funding in order
to finance Nordic Mines during the planning and preparation phase of the restart
process as well as finding a funding solution to implement the total strategy
necessary to restart the Laiva operations.
In order to achieve a certain degree of flexibility in the funding process
Nordic Mines has decided to postpone the Company's Annual General meeting (the
"AGM"). The AGM will be held in Stockholm on June 30, 2016. Previous announced
date was June 16, 2016
For additional information, please contact:
D. Saradhi Rajan, CEO: +44 743 271 1564
For more information about Nordic Mines, please visit; www.nordicmines.se.
The information above has been made public in accordance with the Securities
Market Act and/or the Financial Instruments Trading Act. The information was
published at 08.15 a.m. (CET) on May 17, 2016.
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 Nasdaq Stockholm's Small Cap list. Also refer
to www.nordicmines.se.
Press release (PDF):
http://hugin.info/138647/R/2013044/745921.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#2013044]
Unternehmensinformation / Kurzprofil:
Datum: 17.05.2016 - 08:15 Uhr
Sprache: Deutsch
News-ID 471535
Anzahl Zeichen: 2804
contact information:
Town:
Stockholm
Kategorie:
Business News
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"Nordic Mines informs"
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