Endomines announces change of Interim CEO

Press release (PDF)
Endomines AB, Stock Exchange Release 31 May 2021 at 16:45 CEST

Endomines announces that Interim CEO Rauno Pitkänen has informed the Board of the Company that he will be retiring and resigning his position as of May 31, 2021. Deputy CEO Marcus Ahlström will take on the interim CEO position for now until the question of permanent CEO has been resolved. The Board estimates to be able to make an announcement of appointing a permanent CEO in the autumn 2021. 

Chairman Ingmar Haga: “The Board wants to thank Rauno Pitkänen for his work as interim CEO during these challenging times for the company. Also, Rauno has been a non-executive Board Director of Endomines since 2012 and the company has benefited greatly from his input and support over the years. We thank Rauno for his contribution to the development of the company and wish him all the best in his retirement.”

For further information, please contact:
Ingmar Haga, Chairman of the Board, ingmar.haga@endomines.com, +358 40 700 3518

This information is information that Endomines AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 16:45 CEST on 31 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 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).