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Northland’s request for bankruptcy for the parent company has been approved

Luxembourg, December 19, 2014 – Northland Resources SE (together with its subsidiaries “Northland”, “NRSE” or the “Company”) announces that the Company’s request of bankruptcy has been approved by the Luxembourg District Court. In accordance with the announcement on December 8, 2014, Northland Resources SE, the parent company of Northland, has filed for bankruptcy in Luxembourg on December 17, 2014. Pursuant to article 437 of the Luxembourg Commercial Code, a commercial company is considered insolvent (“en faillite”) if (1) it can no longer pay its debts i.e. the company is in a

Northland’s request for bankruptcy for the Norwegian and Finnish subsidiaries has been approved

Luxembourg, December 16, 2014 – Northland Resources SE (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – together with its subsidiaries “Northland”, “NRSE” or the “Company”) announces that the Company’s request of bankruptcy for Northland Logistics AS (the “Norwegian Subsidiary”), Northland Mines OY and Northland Exploration Finland OY (the “Finish Subsidiaries”) has been approved with respective jurisdiction. In accordance with the announcement on December 8, 2014, the Company’s subsidiaries Northland Logistics AS, Northland Mines OY and Northland Exploration Finland OY has

The Court has approved Northland’s request forbankruptcy for the Swedish subsidiaries

Luxembourg, December 8, 2014 – Northland Resources SE (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – together with its subsidiaries “Northland”, “NRSE” or the “Company”) announces that Luleå District Court (the “Court”) has approved the Company’s request of bankruptcy for the Swedish subsidiaries Northland Sweden AB, Northland Resources AB and Northland Logistics AB. In accordance with the announcement earlier today, the Company’s Swedish subsidiaries Northland Sweden AB, Northland Resources AB and Northland Logistics AB (the “Swedish Subsidiaries”) has filed for bankruptcy

Northland resolves to file for bankruptcy

Luxembourg, December 8, 2014 – Northland Resources SE (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – together with its subsidiaries “Northland”, “NRSE” or the “Company”) announces that the respective Board of Directors for the following legal entities within the Northland group: Northland Resources SE, Northland Sweden AB, Northland Resources AB, Northland Logistics AB , Northland Logistics AS Northland Mines OY and Northland Exploration Finland OY, have resolved to file for bankruptcy with respective jurisdiction. Since the process of the contemplated financing solution was

The acquisition process has been cancelled by the group of investors

Luxembourg, December 5, 2014 – Northland Resources SE (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – together with its subsidiaries “Northland”, “NRSE” or the “Company”) announces that the Company has been informed that the group of Swedish investors cancels the acquisition process that had been initiated based on the proposal to the Company’s major creditors. Furthermore, Northland has also been informed by the counterpart for a contemplated outsourcing agreement that the counterpart has terminated discussions and negotiations that, if materialized, would have provided new

Northland announces that composition proceedings will be held

Luxembourg, November 28, 2014 – Northland Resources SE (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – “Northland”, “NRSE” or the “Company”) announces that Luleå District Court (the “Court”) has approved the Company’s request of composition proceedings for the Swedish subsidiaries Northland Resources AB (publ) and Northland Logistics AB. The meeting will be held on December 19, 2014. The Court has approved the Company’s request of composition proceedings for the Swedish subsidiaries Northland Resources AB (publ) (“NRAB”) and Northland Logistics AB (“NLAB”), which was filed on

The Board allows more time for concluding on the restructuring

Luxembourg, November 28, 2014 – Northland Resources SE (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – together with its subsidiaries “Northland”, “NRSE” or the “Company”) announces that progress has been made in discussions between a group of investors and the Company’s major creditors the Board has therefore instructed the Company’s management to continue working on a restructuring. As announced on November 20, 2014, a group of Swedish investors with industrial competence (the “Investors”) have presented a proposal to purchase debt from the Company’s major creditors,

Northland announces results for the third quarter of 2014

Luxembourg, November 28, 2014 – Northland Resources SE (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – together with its subsidiaries “Northland”, “NRSE” or the “Company”) today announces its financial results for the quarter ended September 30, 2014. Net sales for the quarter were USD 47.3 million (USD 31.1 million in the second quarter), with a gross loss of USD 28.0 million (USD 24.2 million) and a net loss of USD 932.7 million (USD 250.1 million), and EBITDA of USD 11.9 million negative (USD 8.2 million negative). The net loss in third quarter of 2014 includes impairment

Northland files a request for composition proceedings

Luxembourg, November 27, 2014 – Northland Resources SE (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – “Northland”, “NRSE” or the “Company”) announces that its Swedish subsidiaries Northland Resources AB (publ) and Northland Logistics AB today has filed a request for composition proceedings with the Luleå District Court. In accordance with earlier announcements, Northland Resources AB (publ) (“NRAB”), Northland Logistics AB (“NLAB”) and Northland Sweden AB (“NSAB”) have on November 11, 2014 presented a composition proposal to its creditors. A similar composition proposal has

Northland to distribute reorganization plan

Luxembourg, November 27, 2014 – Northland Resources SE (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – together with its subsidiaries “Northland”, “NRSE” or the “Company”) announces that the Reorganization Plan regarding Northland Sweden AB, Northland Resources AB, Northland Logistics AB and Northland Logistics AS will today be distributed to all the creditors of the companies via e-mail. The Reorganization Plan is available at Northland’s web site: http://www.northland.eu/en-us/investor-relations/financials/the-reorganization                    or at the Administrator’s

Northland’s Extraordinary General Meeting is Adjourned

Luxembourg, November 27, 2014 – Northland Resources SE (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – together with its subsidiaries “Northland”, “NRSE” or the “Company”) announces that, at the Extraordinary General Meeting (“EGM”) scheduled on November 27, 2014, the specific quorum requirements as set out in the Notice were not fulfilled and that the meeting was reconvened. There was a strong majority in favor of all resolutions out of the shares represented at the EGM. The specific quorum requirements as set out in the Notice were however not fulfilled. Subsequently,

Northland’s Board of Directors postpones decision

Luxembourg, November 25, 2014 – Northland Resources SE (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – together with its subsidiaries “Northland”, “NRSE” or the “Company”) announces that the Board of Directors (the “Board”) has evaluated the current situation and decided to postpone the decision regarding the Company's way forward, since discussions regarding the contemplated financing solution continues. As previously announced by the Company, the Board intended to decide on a way forward of the Company at today’s board meeting. The Board has evaluated the current situation

Northland announces the number of warrants exercised in November 2014

Luxembourg, November 24, 2014 – Northland Resources SE (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – together with its subsidiaries “Northland”, “NRSE” or the “Company”) announces the number of warrants exercised in November 2014. The deadline for the Company's warrant holders to exercise their warrants in November 2014 has now expired. The Company has received no exercise notices in November 2014. The total number of outstanding shares will thus remain 69,136,842, and the remaining number of outstanding warrants issued in connection with the USD 335 million bond will be

Group of investors presents proposal to Northland’s major creditors

Luxembourg, November 20, 2014 – Northland Resources SE (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – together with its subsidiaries “Northland”, “NRSE” or the “Company”) announces that a group of Swedish investors with industrial competence have presented a proposal to purchase debt from the major creditors of the Company, including the Company's bondholders. If the proposal is successful, this will be an important part of the ongoing refinancing process and could allow for activities to be carried out during December in order to resume operations. A group of Swedish

Northland postpones its third quarter results

Luxembourg, November 13, 2014 – Northland Resources SE (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – together with its subsidiaries “Northland”, “NRSE” or the “Company”) announces that it postpones the publication of its Financial Statement and Management’s Discussion and Analysis (the “MD&A”) for the quarter ending September 30, 2014, collectively (“Third Quarter Results”). The Company anticipates that the Third Quarter Results will be released no later than November 28, 2014. As previously announced, Northland recorded an impairment in its second quarter financial results

Northland presents composition proposal

Luxembourg, November 11, 2014 – Northland Resources SE (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – together with its subsidiaries “Northland”, “NRSE” or the “Company”) announces that the Swedish subsidiaries, Northland Sweden AB, Northland Resources AB (publ), and Northland Logistics AB (the “Swedish Subsidiaries”) in reorganization presents a composition proposal to its creditors. The Swedish Subsidiaries in reorganization, in accordance with earlier announcements by the Company, presents a composition proposal to its creditors (the “Proposal”). It is targeted that the

Notice of Extraordinary General Meeting of the Shareholders

Luxembourg, November 4, 2014 – Northland Resources SE (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – together with its subsidiaries “Northland”, “NRSE” or the “Company”) will hold an extraordinary general meeting of the shareholders of the Company. The meeting will be held at 7A, rue Robert Stümper, L-2557 Luxembourg, Grand Duchy of Luxembourg on November 27, 2014 at 08:00 a.m. (CET). Notice is hereby given that an extraordinary general meeting of the shareholders of the Company will be held at 7A, rue Stümper, L-2557 Luxembourg, Grand-Duchy of Luxembourg on 27 November 2014

Continued reorganization for Northland’s subsidiaries

Luxembourg, November 3, 2014 – Northland Resources SE (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – together with its subsidiaries “Northland”, “NRSE” or the “Company”) announces that the Luleå District Court (“the Court”) today has approved continued reorganization for the Swedish subsidiaries, Northland Sweden AB, Northland Resources AB (publ), and Northland Logistics AB (the “Swedish Subsidiaries”). The Court has today approved the request of continued reorganization for the Swedish Subsidiaries. The creditors of the Swedish Subsidiaries which attended the creditors

Northland announces the number of warrants exercised in October 2014

Luxembourg, October 27, 2014 – Northland Resources SE (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – together with its subsidiaries “Northland”, “NRSE” or the “Company”) announces the number of warrants exercised in October 2014. The deadline for the Company's warrant holders to exercise their warrants in October 2014 has now expired. The Company has received no exercise notices in October 2014. The total number of outstanding shares will thus remain 69,136,842, and the remaining number of outstanding warrants issued in connection with the USD 335 million bond will be 40,

Northland announces changes in Board of Directors

Luxembourg, October 17, 2014 – Northland Resources SE (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – together with its subsidiaries “Northland”, “NRSE” or the “Company”) announces that Sissel Danielsen and Leif Salomonsen has resigned from the Board of Directors (the “Board”) of Northland Resources SE. “Both Sissel Danielsen’s and Leif Salomonsen’s contribution to the board has been very valuable. It’s unfortunate they leaves, but it's natural that the board adjusts in accordance with operations being downsized,” commented Olav Fjell, chairman of the Board. Based on a

Northland has requested that reorganizations continues

Luxembourg, October 14, 2014 – Northland Resources SE (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – together with its subsidiaries “Northland”, “NRSE” or the “Company”) announces that the Swedish subsidiaries, Northland Sweden AB, Northland Resources AB (publ), and Northland Logistics AB (the “Swedish Subsidiaries”) have today filed a request for the ongoing reorganization to continue for an additional three-month period with the Luleå District Court (the “Court”). The Swedish Subsidiaries has today filed a request for an extended period of three months for the ongoing

Northland announces change in Board of Directors

Luxembourg, October 14, 2014 – Northland Resources SE (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – together with its subsidiaries “Northland”, “NRSE” or the “Company”) announces that Olli Vaartimo will leave the Board of Directors (the “Board”) of Northland Resources SE. “I'd like to thank Olli Vaartimo for his contribution to the board. His participation in the board has been greatly appreciated, and his work as chairman for the audit committee and the support given to the organization via that role has been particularly important,” commented Olav Fjell, chairman of the

Northland announces organizational changes

Luxembourg, October 13, 2014 – Northland Resources SE (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – together with its subsidiaries “Northland”, “NRSE” or the “Company”) announces that negotiations with the relevant labor unions regarding organizational changes have been finalized. The employment of approximately 240 employees will be terminated as a consequence of operations being halted indefinitely due to the Company’s extremely constrained liquidity. As announced on October 7, 2014, the Company have halted operations in a controlled manner as a result of the recent

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