Lappland Goldminers AB (publ) files an application for delisting from the OTC list in Norway

The Board of Directors of Lappland Goldminers AB (publ) has decided to apply for
 delisting of Lappland Goldminers shares from the OTC list in Norway. Almost all
trading of the company's shares take place through First North in Sweden and it
is therefore not optimal from an administrative and cost perspective to be
listed on the OTC list in Norway.

The last day of trading on the OTC list in Norway is planned to be 29 October
2010. After the delisting of the shares in Norway the shares of Lappland
Goldminers will continue to trade through First North in Sweden.

For further information to directly registered Norwegian shareholders please see
the company's website www.lapplandgoldminers.com.

For further information:

Kjell Larsson, CEO                               Anders Haker, CFO
Tel. +46-(0)70-385 03 57                            Tel. +46-(0)70-810 85 59
kjell.larsson@lgold.se                               anders.haker@lgold.se

Also visit: www.lapplandgoldminers.com
About Mangold Fondkommission:  www.mangold.se


Lappland Goldminers AB is a producing mining company with significant
exploration activities. The Company is listed on the market place First North
Premier under the name GOLD, with Mangold Fondkommission AB as Certified
Adviser, as well as on the Norwegian OTC list.
Lappland Goldminers' strategy is to develop mineral deposits into profitable
producing mines. The Company is strategically positioned with the the fully
permitted Fäboliden gold project and the Ersmarksberget deposit and processing
plant in northern Sweden. The Pahtavaara gold operation is located in the north
of Finland and the Haveri gold deposit in the south of Finland. Lappland
Goldminers is a member of SveMin, the Swedish association for mines, minerals
and metal producers, and follows SveMin's reporting rules for public mining and
exploration companies.


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