Nordic Iron Ore

Corporate

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  • Nordic Iron Ore

Copperstone holds a significant interest in Nordic Iron Ore AB (”NIO”); a five-year bond at nominal value 10 MSEK, maturing at 30 November 2018 with a linear accrued interest of 1.4 MSEK per year, ie 17 MSEK payable to Copperstone at maturity. In addition, Copperstone holds 11.157.684 shares in NIO, corresponding to 10.18% of the shareholders equity.

NIO is an advanced pre-mining premiumgrade iron ore project in Ludvika, Sweden. All relevant permissions are in place and the planned logistical solution to harbour facilities at Oxelösund is considered favourable.

For more information, visit nordicironore.se

Arvidsjaur Kommun, Sweden

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