5.5.2021

Proposed members to the Board of Directors of Endomines AB

Press release (PDF)
Endomines AB, stock exchange release 5 May 2021 at 11:00 CEST

The Nomination Committee of Endomines AB has prepared its proposal for the appointment of the Board of Directors at the Company’s forthcoming Annual General Meeting. 

The Nomination Committee proposes that the Board of Directors consist of five members. Ingmar Haga and Jeremy Read are proposed to be re-elected, and Eeva Ruokonen, Markus Ekberg and Jukka-Pekka Joensuu is proposed to be elected as new directors of the Company for the term of office ending at the end of the Annual General Meeting of 2022. The Nomination Committee further proposes that Ingmar Haga be re-elected as Chairman of the Board of Directors.

All candidates have given their consent to the appointments.

Rauno Pitkänen and Thomas Hoyer have informed the Nomination Committee that they are no longer available for re-election.

Proposed new Board members:

Eeva Ruokonen, is an experienced leader within the metals and minerals industry with a strong technical and managerial understanding of the overall value chain. Her professional background has been built in mines, smelters and refineries over 30 years within the fields of sustainable mining and the metals business; including Vice President at Boliden AB and CSO of Talvivaara Mining Company. She has degrees in both mining (M.Sc.) and in mineral processing (Lic.Sc.) as well as an MBA diploma in business excellence. Currently she is a board member at Finnish Minerals Group (2018-), a member of an advisory group at Nordic Talc (2020- ) and is finalizing her doctoral degree on sustainable mining at the Aalto University.

Markus Ekberg, has over 35 years of international experience in the design, construction and management of mainly underground mines. He currently works as Managing Director, Chairman and co-owner of FinnCobalt Oy – a junior mine development company aiming to open a new cobalt-nickel-copper battery metals mine in Eastern Finland. Prior to his current employment, Markus was CEO of Endomines AB between 2009-2017. During that period, the Pampalo mine was developed and brought into production on budget and schedule. Previously Markus held management positions and directorship in several mining companies and associations. He is the founder of Kodal Minerals AS – a Norwegian mineral development company, listed on the London AIM-market.

Jukka-Pekka Joensuu, has vast legal experience in international investments and international turnarounds.  He has an impressive career in the telecoms and technology sector and has acted as leading advisor for governments and institutional investors.  Jukka-Pekka has been in the global board of trustees for turnaround management and he has acted as COO of Pricewaterhouse Coopers Oy. He is working currently as partner at international law firm Eversheds.

Further information on the background of the proposed new Board members and for current Board members at www.endomines.com

 
Contact person

Ingmar Haga, Chairman of the Board, +358 40 700 3518, ingmar.haga@endomines.com

This information was submitted for publication through the contact person set out above at 11:00 CEST on 5 May 2021.

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. 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).