10.11.2021

The Board of Endomines Finland Plc is pleased to announce the appointment of Mr. Kari Vyhtinen as the new Chief Executive Officer of the company with effect from 1 March 2022

(OYJ-03-2021) New CEO (ENG)

The Board of Endomines Finland Plc is pleased to announce the appointment of Mr. Kari Vyhtinen as the new Chief Executive Officer of the company with effect from 1 March 2022

 

Endomines Finland Plc, Stock Exchange Release 10 November 2021 at 20:30 EET

 

 

Kari Vyhtinen has a broad and extensive experience within the mining and processing industry. He has been responsible for large capital projects, business development, mining/mineral production operations, and building organisational capabilities as well as overall business performance in both management and executive roles. During his career he has been working for companies like Outotec, Talvivaara Mining and Nordkalk. Mr Vyhtinen comes from an EVP position with Nordkalk Oyj/Ab and prior to that Kari was leading Nordkalk’s operational production efficiency improvement program as COO.


Kari Vyhtinen holds a Master of Science degree (MSc) in mineral processing from the Helsinki University of Technology and an Executive MBA from Aalto University.

 

”We are very pleased that Kari will be joining Endomines AB as its new CEO. With his extensive experience from operations and project management in both mining and mineral processing, we believe he is a perfect fit for us building and growing the company with mines in both Finland and the US. Kari has demonstrated strong ability to create conditions for successful organizations, and we are confident he will be able to develop and drive Endomines forward during a very exciting but also challenging time for the company,” says Chairman of the Board Ingmar Haga

 

The company continues to the ramp up gold production at the Friday mine and mill in Idaho, as well as restarting the Pampalo gold mine in Finland in the beginning of 2022 and initiating preliminary development at the US Grant and Kearsarge mining properties in Montana in 2022.

 

Further information:

Ingmar Haga, Chairman of the Board, +358 40 700 35 18, ingmar.haga@endomines.com

 

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.

 

Important notice

The distribution of this release may be restricted by law and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restrictions. This release is not directed to, and is not intended for distribution to or use by, any person or entity in any jurisdiction where such distribution, publication or use would be contrary to law or regulation or which would require any registration within such jurisdiction. Any decision with respect to the proposed merger should be made solely on the basis of information contained in the notice to the Extraordinary General Meeting of Endomines, and the prospectus related to the merger as well as on an independent analysis of the information contained therein. You should review the merger prospectus for more complete information about the Endomines Group and the merger.

If there are differences between the different language versions of this release (Finnish and English), the Finnish release shall prevail.