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’ AB Q1 2019 Business review – Focus on the Friday mine

Wed, May 08, 2019 07:45 CET

Endomines AB, Stock Exchange Release 8 May 2019 at 07:45 CEST Q1 2019 (vs Q1 2018) Operational highlights · The focus of operational activity was on mine development and construction of the processing plant at the Friday mine in Idaho, USA · There was no gold concentrate production in Q1 2019 · LTIFR 12 (8) Financial highlights · Revenue was 2.1 MSEK (29.4) · EBITDA was -11.5 MSEK (-8.5) · Total cash flow was -11.2 MSEK (87.1) · Earnings per share was -0.37 SEK (0.06) SIGNIFICANT SUBSEQUENT EVENTS · The Board of Directors announced on 3 May 2019

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Endomines’ AB Q1 2019 Business review – Focus on the Friday mine