Dannemora Mineral’s application to extend company reorganisation approved

Uppsala District Court has approved the application to further extend the company reorganisation of Dannemora Mineral AB and Dannemora Magnetit AB by three months, until 13 May 2015. Mikael Kubu, Ackordscentralen Stockholm AB, continues as the administrator of reorganisation.

For further information, please contact:

Ralf Nordén, President and  CEO
Telephone 46 70 937 48 91
ralf.norden@dannemoramineral.se

or

Karl Ove Grönqvist, acting CFO
Tel 070 283 5307
Karlove.gronqvist@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 intends to engage in exploration activities to increase the iron ore base locally and regionally.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 Advisor on First North is Remium Nordic AB.

The Company's independent qualified person is mining engineer Thomas Lindholm, Geovista AB, Luleå. Thomas 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.