Endomines AB

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Endomines consists of the parent company, Endomines AB, with two wholly owned subsidiaries: Endomines Oy and Kalvinit Oy. The operations of Endomines Oy include exploration and development of gold deposits and planned gold mining. Kalvinit Oy is focused on the development of the industrial mineral ilmenite deposits. The Company’s present mineral deposits are all located in Finland. The Company acquired all shares outstanding in the two subsidiaries, Endomines Oy and Kalvinit Oy, through a non-cash issue. These subsidiaries were founded in the mid-1990s and have been financed by private individuals and Finnish institutions since inception.

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Endomines interim report January- March 2018

Thu, May 17, 2018 07:30 CET

Financing and TVL Gold acquisition successfully completed – project development in Idaho advancingEndomines AB, Stock Exchange Release 17 May 2018 at 07:30 CEST Q1 2018 (vs Q1 2017)Operational highlights · Gold production was 92.1 kg (97.9) · Milled ore was 37,568 tons (40,804) at head grade of 3.0 g/t (2.9) · Cash Cost was 1,276 USD/oz (1,205) Financial highlights · Net sales were 27.4 MSEK (28.5) · EBITDA was -8.5 MSEK (-1.3) · Total cash flow was 87.1 MSEK (-11.6) · Earnings per share was 0.06 SEK (-0.80) Strategic highlights · Endomines’ rights

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Endomines interim report January- March 2018