Lappland Goldminers AB (publ) - Notice of Extraordinary General Meeting on March 16, 2010 for the approval of the convertible issue with preferential rights for the shareholders

As further followed from the press release dated February 19, 2010 the Board of
Lappland Goldminers AB has decided to conduct a 100 percent guaranteed
convertible issue (convertible bonds) with preferential rights for the company's
shareholders. Since the convertible issue is 100 percent guaranteed, the company
has secured that it will receive approximately 122 million SEK before issue
costs.

Since the Board's decision of the convertible issue is conditioned by the
approval of the general meeting, the Board has decided to convene an
extraordinary general meeting to be held on March 16, 2010 at. 4.00 pm in
Stockholm. The only item of the agenda of the upcoming extraordinary general
meeting will be the approval of the Boards decision of the convertible issue.

The    complete    notice    of    the    meeting    is    available    on   our
website:www.lapplandgoldminers.com <http://www.lapplandgoldminers.com>


For additional information:


 Ulf Ericsson, Chairman of the Board    Kjell Larsson, CEO

 Ph: +46 70-529 09 59                   Tel. +46 950-275 06, + 4670-385 03 57

 ulf.ericsson@lgold.se                  kjell.larsson@lgold.se
 <mailto:ulf.ericsson@lgold.se>         <mailto:kjell.larsson@lgold.se>


Or    see    Lappland    Goldminers'    website    at:www.lapplandgoldminers.com
<http://www.lapplandgoldminers.com>
About      Mangold     Fondkommission:www.mangold.se     <http://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 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.



[HUG#1389362]