Order regarding crushing


Dannemora Magnetit's permit for operations at the Dannemora iron ore mine
encompasses the construction of crushing stations on the surface and
underground. At present, crushing takes place on the surface. Preparations for
an underground crushing station have been carried out but the work is not yet
complete. The environmental permit application stated that, after an initial
phase, crushing would take place underground. The County Administrative Board
has announced that it considers the initial phase to have now passed and it is
the Board's assessment that underground crushing operations are a prerequisite
for continued activity. The County Administrative Board has therefore ordered
Dannemora Magnetit to cease crushing activity on the surface by 1 August 2015
otherwise a penalty payment of SEK 20 million will be imposed. On 20 December
2013, the Company filed an appeal against the order.

Efforts to transfer the crushing activity underground are in line with the
company’s plans and are part of the previously announced investment package, for
which the company is seeking long-term financing.
For further information, please contact:
Ralf Nordén, President and  CEO
Telephone 46 709374891
ralf.norden@dannemoramineral.se

or

Niklas Kihl, CFO
Telephone 46295 - 24 44 20, 46730 797 363
niklas.kihl@dannemoramineral.se
Dannemora Mineral AB is a mining and exploration company of which the primary
activity is mining operations in the Dannemora iron ore mine. The Company also
intends to engage in exploration activities to increase the iron ore base
locally and regionally in several areas in Uppland where the potential for
finding workable deposits is considered good.

Dannemora Mineral comprises the parent company Dannemora Mineral AB and the
wholly-owned subsidiaries Dannemora Magnetit AB, responsible for operation of
the Dannemora mine, Dannemora Iron Ore Development AB, responsible for the
Group's exploration, and Dannemora Förvaltnings AB, responsible for the property
portfolio.

The Company’s most important asset is the iron deposit in the Dannemora Mine,
and activity is focused mainly on the mining of this deposit at present.

The Company is listed on NASDAQ OMX First North, Stockholm, and Oslo Axess. The
Company's Certified Advisor on First North is Remium Nordic AB.

The Company's independent qualified person is mining engineer Thomas Lindholm,
Geovista AB, Luleå. Thomas Lindholm is qualified as a Competent Person as
defined in the JORC Code based on education and experience in exploration,
mining and estimation of mineral resources of iron, base and precious metals.

Attachments

12232297.pdf