Dannemora Mineral obtains waiver

The bondholders in Dannemora Mineral’s 11.75 per cent. Dannemora Mineral AB
Callable Senior Secured Bond Issue 2011/2016 (ISIN NO 0010601198) have at a
bondholders meeting on 26 March 2014, granted Dannemora Mineral AB temporary
waivers from certain terms in the bond agreement dated 18 March 2011. It applies
to the temporary waiver of the interest payment of USD 7.05 million which became
due and payable on March 22, 2014 and extension of the temporary waivers of the
22 September 2013 interest coupon payment obligation and the minimum cash
liquidity requirement of 50 million kronor. The decision was made unanimously.
For further information, please contact:
Ralf Nordén, President and  CEO
Telephone 46 709374891
ralf.norden@dannemoramineral.se

or

Niklas Kihl, CFO
Telephone 46295 - 24 44 20, 46730 797 363
niklas.kihl@dannemoramineral.se
Dannemora Mineral AB is a mining and exploration company of which the primary
activity is mining operations in the Dannemora iron ore mine. The Company
intends to engage in exploration activities to increase the iron ore base
locally and regionally.The Company’s most important asset is the iron deposit in
the Dannemora Mine, and activity is focused mainly on the mining of this deposit
at present.

The Company is listed on NASDAQ OMX First North, Stockholm, and Oslo Axess. The
Company's Certified Advisor on First North is Remium Nordic AB.

The Company's independent qualified person is mining engineer Thomas Lindholm,
Geovista AB, Luleå. Thomas Lindholm is qualified as a Competent Person, as
defined in the JORC Code, based on education and experience in exploration,
mining and estimation of mineral resources of iron, base and precious metals.