Michael Rosenlew resigns from Board

At his own request, Michael Rosenlew will resign as a director of Dannemora Mineral AB with immediate effect.

According to the articles of association, Dannemora's Board shall consist of a minimum of three and maximum of seven members elected by the Annual General Meeting. After Michael Rosenlew's resignation, the Board consists of three AGM-elected members. Proposals for the election of Board members will be submitted by the nomination committee prior to the 2014 Annual General Meeting.

For further information, please contact:

Lennart Falk, Chairman of the Board
Tel +46 703 37 19 29
lennart.falk@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 intends to engage in exploration activities to increase the iron ore base locally and regionally in several areas in Uppland where the potential for finding workable 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, Dannemora Iron Ore Development AB, responsible for the Group's exploration, and Dannemora Förvaltnings AB, responsible for the property portfolio.

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.