News : Arctic Gold

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Year-end Report 2012

2/22/2013 2:15 AM EST  -   Arctic Gold AB
Fourth Quarter (October – December 2012)

· Capitalized exploration costs for the fourth quarter amounted to 1.3 (3.2) mkr 
· P/L after tax for the fourth quarter totaled -0.7 (-.6) mkr 
· P/L per share for the fourth quarter totaled -0.07 (-0.19) kr

Full year (January – December 2012)

· Capitalized exploration costs for the full year amounted to 4.8 (15.9) mkr 
· P/L after tax for the full year totaled -4.8...

Arctic Gold AB: The Department of Justice should review how Plan og Bygningslove...

12/5/2012 6:00 AM EST  -   Arctic Gold AB
Arctic Gold has today been informed that Formanskapet (the advisory committee) in the municipality of Kautokeino has decided to postpone the confirmation of the Arctic Gold Planprogram (program for impact study). The intention is to first let Justitiedepartementet review how Plan og Bygningsloven (the planning and building law) should be interpreted and used.
The municipality of Kautokeino, which previously...

Arctic Gold AB (ARCT): Option agreement for review of the diamond project

11/30/2012 8:55 AM EST  -   Arctic Gold AB
Arctic Gold and Dr Markus Elsasser and his partner Dr Mark Hutchison have signed an option agreement that gives an exclusive access to all data of Arctic Golds diamond project until the latest June 30th, 2013.
Arctic Gold and Dr Markus Elsasser and his partner Dr Mark HutArctic Gold who started with diamond exploration in northern Sweden under the name Alcaston Diamond Exploration AB has during the latest years...

Arctic Gold AB (ARCT): Nomination Committee appointed for Arctic Gold AB

11/29/2012 2:45 AM EST  -   Arctic Gold AB
Arctic Gold AB (publ), listed on First North, reports that a nomination committee has been appointed for the annual general meeting 2013 consisting of the following persons: Solveig Staffas, Tord Cederlund, Lars Höckenström, Catharina Lagerstam. The composition on the committee is based on the share ledger registered per Sept 28, 2012.
The committee can be contacted through Solveig Staffas using email address...

Arctic Gold AB (ARCT): Main owners increase their number of shares in the compan...

11/15/2012 3:00 AM EST  -   Arctic Gold AB
Two of the main owners and members of the Board of Arctic Gold AB, Tord Cederlund and Markus Elsasser, increase their number of shares in Arctic Gold.
After the acquisition Markus Elsasser will own 16% and Tord Cederlund 12,9 % of the company's shares. They are both committed and long-term investors with experience from similar companies.
- The increased commitment from these two owners might positively...

Arctic Gold AB (ARCT): Interim report for January - September 2012

11/12/2012 3:00 AM EST  -   Arctic Gold AB
Third Quarter (July – September 2012)

· Capitalized exploration costs for the third quarter amounted to 0.3 (9.0) mkr
· P/L after tax for the third quarter totaled -1.7 (-2.1) mkr
· P/L per share for the third quarter totaled -0.16 (-0.26) kr

First nine months (January – September 2012)

· Capitalized exploration costs for the first nine months amounted to 3.5 (12.7) mkr
· P/L after tax for the first nine...

Arctic Gold AB (ARCT): Fylkesman's statement about municipality of Kautekeino's ...

10/31/2012 4:00 AM EST  -   Arctic Gold AB
The Fylkesman in Finnmark has now concluded that none of the five indicated members of the Kautekeino municipal government had a conflict of interest when Arctic Gold's application for Planprogram (investigation study) was rejected on April 26, 2012. The Fylkenman also states that the municipal government had the right to reject Arctic Gold's application at the same meeting. Arctic Gold's modified application will...

Arctic Gold AB (ARCT): Kautokeino municipal government re-processes our applicat...

10/26/2012 4:00 AM EST  -   Arctic Gold AB
Arctic Gold has now been notified that the proposed Planprogram will be processed at a new meeting on December 10 after the Fylkesman has revieved the case again to determine whether any vested interest was involved and if any factual error was committed when the proposal was rejected at the first meeting.
After a suggestion by the Councilman (top administrative executive of the municipality) the proposal for...

Arctic Gold AB (ARCT): The municipal government of Kautekeino decides that the P...

10/3/2012 3:00 AM EST  -   Arctic Gold AB
Arctic Gold has been notified today that the proposed Planprogram will be processed at a new meeting later this fall after the Fylkesman has reviewed the case again to determine whether any vested interest was involved and if any factual error was committed when the proposal was rejected at the first meeting.
- I understand that all factual handling of the case must be taken into account, but at the same time...

Arctic Gold AB (ARCT): Formannskapet in Kautokeino approves Planprogrammet (the ...

10/1/2012 7:00 AM EST  -   Arctic Gold AB
Arctic Gold's request for the municipal government of Kautokeino to process the company's application with a modified Planprogram has resulted in formannskapet (a political advisory committee) voting in favor of Arctic Gold continuing to work with the impact studies for the mining operations in Bidjovagge. This decision is a recommendation to the municipal government which will decide on the issue at the meeting on...