Endomines Finland Plc has entered into a financing arrangement to support exploration activities at Karelian Gold Line

Endomines AB (publ), Stock Exchange Release, 21 October 2022 at 16:00 CET

Endomines AB’s subsidiary Endomines Finland Plc (“Endomines Finland”) has agreed to prolong the maturity date by one year also for EUR 2,9 million of 2021 organised convertible loan to be on 2024 instead of previous 2023. The financing arrangement has been made under same conditions to the previously announced extension of 7.1 million euros on September 5, 2022.

Contact person

Mikko Sopanen, CFO, mikko.sopanen@endomines.com, +358 50 434 7439

This information was submitted for publication through the contact person set out above at 16:00 CET on 21 October 2022.

About Endomines

Endomines is a mining and exploration company with its primary focus on gold. The Company explores for gold along the Karelian Gold Line in Eastern Finland and develops mining operations in Idaho, USA and Finland. Endomines aims to improve its long-term growth prospects by increasing its exploration activities and through acquisitions. Endomines aims to acquire deposits that are situated in stable jurisdictions and can be brought to production rapidly with limited investments.

The shares trade on Nasdaq Stockholm (ENDO) and Nasdaq Helsinki (ENDOM).