With reference to a pressrelase earlier today, the following is some supplementary information regarding the decision by the Board of Lappland Goldminers on March 17, 2009, to issue new shares with preferential right for the shareholders. The information below does not include any changes in previously communicated terms, but is only a more detailed description of the terms of the issue Summary of the offer * Subscription price is SEK 7 per share. No commission will be charged * Record day for right to participate in the issue is April 23, 2009. * Those who are shareholders in Lappland Goldminers on the record day April 23, 2009, are entitled to subscribe for shares in the issue. One (1) owned share on the record day entitles to one (1) subscription right. Ten (10) subscription rights will entitle to subscription for one (1) new share for SEK 7. * Subscription due to subscription rights can be effected during the period April 27 - May 12, 2009. * Payment must be made at the latest on May 12, 2009. * Last trading day for the company shares with right to participation in the issue is April 20, 2009. First trading day for the shares without right to participate in the issue is April 21, 2009. * Trading with subscription rights can be done on First North during the period April 27 - May 7, 2009. * Trading with BTAs (paid allocated shares) can be made on First North from April 27, 2009, and until the new share issue has been registered by Bolagsverket. Complete conditions and instructions will be presented in a Prospectus, which will be published before the subscription period starts. For additional information: Ulf Ericsson, Chairman of the Kjell Larsson, CEO Board Ph: +46 70-529 09 59 Tel. +46 950-275 06, + 4670-385 03 57 ulf.ericsson@lgold.se kjell.larsson@lgold.se Also visit Lappland Goldminers' website at: www.lapplandgoldminers.com About Mangold Fondkommission: www.mangold.se Lappland Goldminers AB is an exploration company and a producing mining company. The company is listed on the market place "First North" under the name GOLD, with Mangold Fondkommission AB as the Certified Adviser, as well as on the Norwegian OTC list. Lappland Goldminers has secured a number of gold deposits along the so-called Guldlinjen ("The Gold Line") in Västerbotten. The Company's strategy is to develop a profitable, producing gold company, with centrally located processing plants in Fäboliden and Blaiken, Sweden, and in the Haveri area in southern Finland and Pahtavaara in Northern Finland, supported by ore from one or several mines either through the Company's own exploration or alternatively through acquisitions. Lappland Goldminers is a member of SveMin, the trade association for mines, minerals and metal producers in Sweden (formerly called the Swedish Mining Association) and follows SveMin's reporting rules for public mining and exploration companies.
Lappland Goldminers AB (publ) - Additional information regarding decision of new share issue with preferential right
| Source: Lappland Goldminers AB