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Monday, 4 September 2017

Nordic Mines AB: The Board informs about Nasdaq's actions in connection with communication on compliance

Nordic Mines AB    

Published: 15:14 CEST 04-09-2017 /GlobeNewswire /Source: Nordic Mines AB / : NOMI /ISIN: SE0007491105

Nordic Mines AB: The Board informs about Nasdaq's actions in connection with communication on compliance

According to Nasdaq Stockholm, the company has not adhered to the stock exchange's regulatory framework and considers that the company does not fulfill the basic listing requirements. The company has announced in several communications to the stock exchange that the previous problems and difficulties will be passed when the extraordinary shareholders meeting decide on the strategic path and at substantial financing of the business. The company therefore does not agree with the judgment that the Supervisory Authority has attributed to the company.


Nasdaq thus writes: "The stock exchange will promptly submit the matter to the Stock Exchange Disciplinary Board for review of a decision to delist the company's shares from Nasdaq Stockholm, in accordance with paragraph 2.9.3 of the Nasdaq Stockholms Stock Exchange's Rules of Issuers."


För additional information contact:
Torbjörn Bygdén
Company secreterare och Investor Relations

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 4 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. The Nordic Mines share has been admitted for trading on Nasdaq Stockholm's Small Cap list. For further information, see www.nordicmines.com


Press release (PDF)

This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Nordic Mines AB (publ), Mäster Samuelsgatan 60, 8tr, Stockholm SE-111 21, Sverige
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