Subscription period for Lappland Goldminers' preferential rights issue starts today

Today, Monday April 27, 2009 the subscription period for Lappland
Goldminers AB's preferential rights issue starts. The Subscription
period ends on May 12, 2009. Trade with subscription rights will take
place on First North during the period starting April 27, 2009
up to and including May 7, 2009. There will be no subscription
without preferential rights.

Offer in brief

  * Subscription period: April 27 - May 12 12, 2009.
  * Subscription price 7.00 SEK per share.
  * A person who on the date of April 23, 2009 is a share holder in
    Lappland Goldminers is a preferential subscriber for the new
    issue. For each one (1) share owned one (1) subscription right is
    given. Ten (10) subscription rights are required for every one
    (1) share of the new issue.


Complete rules and instructions can be found in Lappland Goldminers'
published prospectus which is available on the Company's website
(www.lapplandgoldminers.com).

Prospectus and 4 page folder
Since April 20, 2009 the prospectus has been available on the
Company's website (www.lapplandgoldminers.com) . Today there will
furthermore be a 4 page folder made public on the above site.

For additional information:
Ulf Ericsson, Chairman of the
Board                               Kjell Larsson, CEO
Ph. +46 70-529 09
59                                                        Ph. +46
950-275 06, +46 70-385 03 57
ulf.ericsson@lgold.se
kjell.larsson@lgold.se

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


Lappland Goldminers  AB  is  an exploration  company  with  producing
mines. 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  into a profitable, producing  gold
company, with centrally  located processing plants  in gold  regions.
The  company  is  strategically  positioned  with  the  Blaiken  Gold
Operation and  the  fully permitted  Fäboliden  Gold Project  on  the
Västerbotten Gold Line in Sweden, with the Pahtavaara Gold  Operation
in the north of Finland and with its gold projects in the Haveri area
in south of Finland. The processing  plants will be supported by  ore
from  one  or  several  mines   either  through  the  Company's   own
exploration or through acquisitions. 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.