COPPERSTONE RESOURCES AB: COPPERSTONE ENTERS INTO A NEW PHASE

The Board of Copperstone Resources AB (“Copperstone” or “the Company”) hereby announces the termination of CEO Per Storm and prepares a change of CEO. Per Storm will, however, remain as the CEO during his termination period. Both the Company’s Board and its current CEO are in full agreement that this is the natural step for Copperstone that is partly entering into a new phase.

“At this time a change of CEO is a natural and logical consequence as the Company continues to grow and develop as an exploration business in Sweden, with the intention to significantly increase international profile and visibility. We are very pleased that Per Storm has agreed to the transition period and will be available to the Company with all his competence and  knowledge, as well as his wealth of contacts within the Swedish mining community.”, comments Michael Mattsson the new Chairman for Copperstone.

”It has been very exciting times and incredibly developing to be part of this so far; now it is time for new forces to take action and I will do my very utmost to facilitate the transition in order to enable a smooth transition for the Company. I will also follow the development of the Company with significant interest and I will be curious to see how the Company fares on the exciting journey that has started”, comments CEO Per Storm.

A recruitment process for the next CEO has commenced.

For further information, please contact Michael Mattsson Chairman of Copperstone Resources AB, +46 70 573 97 77.

This press release contains insider information which Copperstone Resources AB is obliged to publish according to the EU market abuse regulation (MAR). The information was delivered by the above mentioned contact for publishing May 18th 2017 at 07:00 CET.

 

Copperstone Resources AB (publ) is a mining exploration company focusing on the Copperstone project in the vicinity of the Skellefte field. This project has the potential to become one of the biggest base- and precious metal deposits in the Nordic Region.

Copperstone Resources has five exploration tenements covering approx. 8756 acres and two mining concessions and one applied concession covering a total of 82 acres.

The share (COPP B) of the Company is traded on Nasdaq First North Stockholm with G&W Fondkommission as the Certified Adviser.

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