The Board of Directors of Lappland Goldminers AB has decided to commence the process of applying for a listing of its shares on NASDAQ OMX Nordiska Börs during 2010. At present, Lappland Goldminers AB is traded on First North Premier. Ulf Ericsson, Chairman of the Board: "The future listing of the company's shares on NASDAQ OMX Nordiska Börs is a step for Lappland Goldminers' development towards its goal to become a leading gold producing mining company in Scandinavia. We estimate that a stock exchange listing will improve the chances to broaden the institutional ownership of the Company and give us a better access to the capital market. This will be valuable and give the Company a better flexibility in the continued development of the main mining project Fäboliden", As a step in the listing process, and in order to further strengthen the competence of the Company concerning financing, reporting and market communication, Lappland Goldminers AB has appointed Anders Haker as new Chief Financial Officer (CFO). Anders Haker will be responsible for the the financial department of the Group and be part of the Group Management Team. He will assume his position as CFO at Lappland Goldminers AB on January 4, 2010. Kjell Larsson, the Company's CEO: "We are very pleased to be able to appoint a person with such long experience and qualifications from listed companies within the mining industry as Anders and we are looking forward to working with him in the exiting challenges which Lappland Goldminers will face in the coming years". Anders Haker has more than 20 year's professional experience in accounting and financing. He is a graduate of the University of Uppsala and holds a Bachelor of Business Administration. Anders Haker was formerly Senior Vice President and Chief Financial Officer for Lundin Mining Corporation and has previously held the same position for Boliden AB. Anders Haker has extensive experience in the financial field including accounting, debt and equity financing, stock listings, investor relations and financial reporting. For additional information: Kjell Larsson, CEO Ulf Ericsson, Chariman of the Board Ph. +46 (0)950-275 06, +46 (0)70-385 03 Ph. +46 (0)70- 529 09 59 57 kjell.larsson@lgold.se ulf.ericsson@lgold.se Also visit: www.lapplandgoldminers.com 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 Blaiken Gold Operation and the fully permitted Fäboliden Gold Project in northern Sweden, with the Pahtavaara Gold Operation in the north of Finland and with gold deposits in the Haveri area 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.
Lappland Goldminers AB plans listing on NASDAQ OMX Nordiska Börs and strengthens the Group Management Team with a new CFO
| Source: Lappland Goldminers AB