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Endomines’ CEO changes

03.05.2019

Endomines AB, stock exchange release 3 May 2019 at 11:15 CEST

The Board of Directors and CEO Saila Miettinen-Lähde of Endomines AB (publ) have agreed that Saila Miettinen-Lähde will leave her position as CEO of the company. She resigns with immediate effect and up until a new CEO has been appointed, the Board of Directors has resolved to appoint the Company’s CFO Marcus Ahlström as the acting CEO with effect as of 3 May 2019.

“The Board of Directors of Endomines thanks Saila Miettinen-Lähde for her contribution to the Company. Under her leadership, Endomines has taken its first strategic steps to expand to the USA. The Board of Directors has concluded that new leadership is needed for the next development stages overseas, which makes it natural for us to part ways,” says Ingmar Haga, Chairman of the Board of Directors.

For further information, please contact
:

Ingmar Haga, Chairman, ingmar.haga@endomines.com

This information is information that Endomines AB is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted for publication through the contact person set out above at 11:15 CEST on 3 May 2019.

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).