Chair of the Board Nils Bernhard declines to seek re-election to the Dannemora Mineral board

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Chair of the Board Nils Bernhard has announced that he does not wish to stand for re-election at the 2013 Dannemora Mineral AGM.

Along with Lennart Falk, Nils Bernhard was the co-founder of Dannemora Mineral and has been chair of the board since the start in 2005.

“It has been both a tremendous challenge and a tremendous pleasure to have been involved in taking the company from concept to a productive mining company. From the initial steps over eight years ago, Dannemora has been continuously in my thoughts and I feel it is now time for new energy and new ideas to take Dannemora Mineral forwards to the next level.The nomination committee proposes Åke Roos and Michael Rosenlew be elected as new members of the board. They will bring substantial industrial and financial expertise at a time when the company has progressed from being an investment project to becoming an industrial producer. I am also delighted that my co-founder Lennart Falk has been proposed for election as chair of the board. Lennart is a highly experienced entrepreneur who will ensure that our long-term vision of building a larger iron ore company will continue to live on,” says Nils Bernhard.

For further information, please contact:

Ralf Nordén, President and  CEO
Telephone 46 709374891
ralf.norden@dannemoramineral.se

or

Niklas Kihl, CFO
Telephone 46295 - 24 44 20, 46730 797 363
niklas.kihl@dannemoramineral.se

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 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) and Dannemora Iron Ore Development AB, where parts of the company’s future exploration will be operated.

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. 

The Company's independent qualified person is mining engineer Thomas Lindholm, Geovista AB, Luleå. Lindholm is qualified as a Competent Person as defined in the JORC Code based on education and experience in exploration, mining and estimation of mineral resources of iron, base and precious metals.

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