20.9.2022

The Finnish Financial Supervisory Authority approved a supplement to the prospectus prepared for the merger of Endomines AB into Endomines Finland Oyj and the re-domiciliation from Sweden to Finland

Press release (PDF)

Endomines AB, Stock Exchange Release 20 September 2022 14:30 CEST

The Finnish Financial Supervisory Authority has today, 20 September 2022, approved a supplement to the merger prospectus concerning the merger between Endomines AB (publ) (“Endomines”) and Endomines Finland Oyj.

As communicated through a press release on 18 August 2022, Endomines’ Board of Directors has decided on a re-domiciliation of the parent company from Sweden to Finland through a cross-border down-stream merger. The Finnish Financial Supervisory Authority has today approved and registered the supplement to the prospectus.

The supplement relates to an exploration reservation that has been granted over Huhus Zinc-Lead and iron prospects in Ilomantsi, eastern Finland, and to a decision not to continue Kalvinit’s ilmenite projects located in Kälviä and Halsua areas in western Finland. In addition, the calculation regarding shares to be issued with the convertible loans is corrected in the supplement.

The supplement will be passported to the competent authority of Sweden in accordance with Regulation (EU) 2017/1129.

The supplement, together with the prospectus, will be available on or about 20 September 2022 in Swedish on Endomines’ website at www.endomines.com/sv/investerare/material/fusion/.

 

Contact person

Kari Vyhtinen, CEO, kari.vyhtinen@endomines.com, +358 40 585 0050

 

This information was submitted for publication through the contact person set out above at 14:30 CEST on 20 September 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).

 

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 based on 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.