Liquidity guarantor agreement with Erik Penser Bankaktiebolag closed

Arctic Gold has decided to close the agreement for Liquidity guarantor with Erik Penser Bankaktiebolag by end of May 2013.

“The reason for closing this agreement is due to cost saving, says Lars-Åke Claesson, CEO of Arctic Gold AB.

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

Lars-Åke Claesson
CEO
Arctic Gold AB
46 18 156423
46 70 6733294
claesson@arcticgold.se
www.arcticgold.se

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 Redeye. More information about company is available at www.arcticgold.se.