KARELIAN GOLD RUSH 2015- ENDOMINES EXPLORATION CHALLENGE

All relevant geological data from its fully controlled “Karelian Gold Line” made
available
Endomines is pleased to announce that it has today officially made available all
relevant geological data from its fully controlled “Karelian Gold Line” – a 40
km-long gold prospective Archaean greenstone belt located in Eastern Finland.
The released data is available for geoscientists and others from all over the
world after registering to “Karelian Gold Rush 2015 - Endomines Exploration
Challenge” at http://goldrush.endomines.com.

With this competition, Endomines is challenging the mining and exploration
community to innovative and out-of-box thinking and to come up with new ideas
for exploration targets and models. More than 30 years of exploration activity
has resulted in gold deposits currently in production as well as numerous
mineralizations along the “Karelian Gold Line”. The region is still
underexplored and shows great potential!

An international jury of independent and experienced geoprofessionals will judge
entries. Best exploration proposals will be rewarded with Cash Prizes: First
Prize 40 000€, Second Prize 20 000€, third prize 10 000€ and fourth to eight
prizes 2 000€. The independent jury will evaluate all proposals and the winners
will be announced at the Prospectors and Developers Conference March 2016 (PDAC
2016) in Toronto, Canada. The jury members are Paul Evins, Ph.D. (structural
geology) WSP Sweden; Denis Schlatter, Ph.D. (geochemistry) Helvetica Exploration
Services Switzerland and Turo Ahokas, M.Sc. (geophysics) Independent Senior
Geophysicist. Markus Ekberg, M.Sc. (geology), CEO of Endomines, Ab coordinates
jury activities.

“We are very delighted about the activity around this competition. So far, some
100 qualified geoscientist have registered to the competition. We expect we will
receive several high quality proposals from these international competitors.
 New, innovative and perhaps even wild ideas for new exploration targets are
welcome”, comments Markus Ekberg, CEO of the Company


For further information, please contact:
Markus Ekberg, CEO of Endomines AB, tel. +358 40 706 48 50
Or visit the Company´s home page: www.endomines.com

Endomines AB discloses the information provided herein pursuant to the Swedish
Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The
information was submitted for publication at 08:45 CET on November 4, 2015.

About Endomines:
Endomines conducts exploration and mining business along the 40 kilometer long
Karelian Gold Line. Through various regulatory approvals, Endomines controls the
exploration rights to this entire area.
The Company’s first mine, Pampalo, started in February 2011. During 2014,
Endomines initiated the production of ore from the mine in Rämepuro. The ore
from satellite mines will be processed in the centrally located mill at Pampalo.
The Company’s business practices and mining operations are based on sustainable
principles and on minimizing the impact on the environment.

Endomines applies SveMin's & FinnMin's respective rules for reporting for public
mining & exploration companies. The Company has chosen to report mineral
resources and ore reserves according to the JORC-code, which is the
internationally accepted Australasian code for reporting ore reserves and
mineral resources.

Endomines vision is to participate in the future structural transformation and
consolidation of the Nordic mining industry. The Company may therefore be
involved in acquisitions of interesting deposits or companies, should such
opportunities arise.

The shares of Endomines AB are quoted on NASDAQ Stockholm under ticker ENDO and
on NASDAQ Helsinki under ticker ENDOM. The Liquidity Provider in both Stockholm
and Helsinki is Erik Penser Bankaktiebolag.