The Board of Lappland Goldminers has decided to change trading segment on the Stockholm Stock Exchange market place, First North. Lappland Goldminers applied for and was granted a corporate restructuring process in the end of June this year and its shares are currently trading on First North's so-called observation list. Given that the Group's only operation consists of a gold production at Pahtavaara mine in Finland, the Board considers that the higher accounting requirements, that a listing in the Premier segment on the First North list incurs at present, can not be justified. Based on that, along with an implemented cost reduction program, the Board has decided that the trading in the Company's shares from January 2nd, 2014 will take place at the regular First North marketplace. Please note that there are no changes in terms of order entry, short name, ISIN code etc. Lappland Goldminers AB (publ) For further information, please see www.lapplandgoldminers.com, or contact: Thomas Häggkvist, acting VD/CFO Sven Rasmusson, chairman of the Board Tel. +46 70-552 26 22 Tel. +46 70-605 83 15 thomas.haggkvist@lgold.se sven.rasmusson@raspart.se ________________________________________________________________________________ _ Lappland Goldminers AB is a producing mining company. The Company is listed on the market place First North in Sweden under the name GOLD. Lappland Goldminers’ strategy is to develop mineral deposits into producing mines. The Company is strategically positioned with the fully permitted Fäboliden gold project in northern Sweden. The Pahtavaara gold operation is located in the north 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.
Lappland Goldminers announces change of trading segment on First North
| Source: Lappland Goldminers AB