Dannemora Mineral implements new share issue and lists the company´s B share on Oslo Axess

DANNEMORA MINERAL IMPLEMENTS NEW SHARE ISSUE AND LISTS THE COMPANY'S B SHARE ON
                                   OSLO AXESS



As previously announced in the press release dated 27 May 2010, the Board of the
Oslo Stock Exchange has approved Dannemora Mineral's application for admission
of the Company's B shares to listing on Oslo Axess.


With the aim of obtaining sufficient numbers of shareholders registered with the
Norwegian Central Securities Depository (VPS) to satisfy the Oslo Stock
Exchange's share ownership rule for listing on Oslo Axess, the Board of
Dannemora Mineral has decided to implement a new share issue in the form of a
public offering of up to 300,000 class B shares. The offering is aimed at the
Norwegian general public and the subscription period is from today's date, 1
June 2010, until 17.30 CET on 9 June 2010.

Allocation letters are expected to be sent to those entitled to subscribe on 10
June 2010, and full payment for the allotted shares is expected to be made on
15 June 2010. The first day of listing on Oslo Axess is planned for 17 June
2010.


First Securities AS is acting as financial advisor for the public offering and
the listing on Oslo Axess.  Further details on the public offering and the
prospectus and registration forms can be obtained from First Securities at the
following address.

First Securities AS
Fjordallén 16, Aker Brygge
Box 1441 Vika
N-0115 Oslo
Tel: +47 23 2380 00
www.first.no


The prospectus and registration forms can also be obtained by visiting
www.netfonds.no <http://www.netfonds.no>.

The Press Release can be downloaded from the link below:





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