Reference is made to Press Release from Dannemora Mineral of 25 March 2011 regarding the completed Private Placement.
The Financial Supervisory Authority of Norway (Finanstilsynet) approved on 31 March 2011 the following listing prospectus:
Listing on Oslo Axess of 2,000,000 New Class B Shares in Dannemora Mineral AB issued through a Private Placement completed at a subscription price of SEK 75.00 per New Share.
The prospectus is available from www.dannemoramineral.se and www.first.no and will also be available free of charge from the business offices of Dannemora Mineral AB, Svärdvägen 13, SE-182 33 Danderyd, Sweden and First Securities AS, Filipstad Brygge 1, N-0115 Oslo, Norway.
The first day of listing and trading of the New Shares on Oslo Axess is expected to be on or about 7 April 2011.
The Press Release can be downloaded from the link below:
Dannemora Mineral AB is a mining and exploration company of which the primary activity is mining operations in the Dannemora iron ore mine. The Company also engages in exploration activities to increase the iron ore base locally and regionally, and to explore for base and precious metals in several areas in Uppland where the potential for finding mineable deposits is considered good.
Dannemora Mineral comprises the Parent Company Dannemora Mineral AB and the wholly-owned subsidiaries Dannemora Magnetit AB (responsible for operation of the Dannemora mine and the Group’s exploration activities) and Dannemora Förvaltnings AB (responsible for the property portfolio).
The Company’s most important asset is the iron deposit in the Dannemora Mine, and activity is focused mainly on the mining of this deposit at present.
The Company is listed on NASDAQ OMX First North, Stockholm, and Oslo Axess. The Company's Certified Adviser on First North is Remium AB.