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

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 contribute to the continued development of Arctic Gold says CEO Lars-Åke Claesson.

For further information, please contact the company's CEO and Qualified Person as per SweMin as well as Europe Geologist.

Lars-Åke Claesson
Arctic Gold AB
46 18 156423
46 70 6733294

Arctic Gold's business concept is to engage in exploration activities to discover and demonstrate commercially extractable gold and base metal deposits in Scandinavia. The strategy is primarily to carry out exploration work and either sell the project within a few years or to establish mining activities under the company's own control or through a partnership with other companies. Arctic Gold focuses mainly on the Bidjovagge project in northern Norway and current gold and base metal permits in Västerbotten and Norrbotten. Arctic Gold's shares are listed on NASDAQ OMX First North under the ticker ARCT. Certified Adviser is Erik Penser Bankaktiebolag. More information about company is available at