Endomines and Nordea Bank sign an amendment and restatement agreement on term loan

Loan repayments are postponed to 2016-2017

Endomines AB (publ) and Nordea Bank Finland Plc have signed an amendment and
restatement agreement to the term loan agreement dated 9 October 2009. The
agreement was subject to the completion of a minimum of 66 MSEK equity rights
issue.

Since the equity issue was fully subscribed the condition has been met.
According to the agreement 7 MSEK (0.75 MEUR) is repaid in April 2016, 7 MSEK
(0.745 MEUR) in October 2016 and the remaining 31 MSEK (3.3 MEUR) in January
2016.

For further information please contact:
Markus Ekberg, CEO of Endomines AB, phone +358-40-706 48 50

About Endomines
Endomines conducts exploration and mining business along the 40 kilometer long
Karelian Gold Line. Through various regulatory approvals, Endomines controls the
exploration rights to this entire area.

The Company’s first mine, Pampalo, started in February 2011. During 2014
Endomines initiated the production of ore from the mine in Rämepuro and is now
planning to start mining of the gold deposit in Hosko. The ore from Hosko will,
like the ore from Rämepuro, be processed in the fore the Gold Line centrally
positioned upgrading plant at Pampalo.

The Company’s business practices and mining operations are based on sustainable
principles and on minimizing the impact on the environment.

Endomines applies SveMin's & FinnMin's respective rules for reporting for public
mining & exploration companies. The Company has chosen to report mineral
resources and ore reserves according to the JORC-code, which is the
internationally accepted Australasian code for reporting ore reserves and
mineral resources.

Endomines vision is to participate in the future structural transformation and
consolidation of the Nordic mining industry. The Company may therefore be
involved in acquisitions of interesting deposits or companies, should such
opportunities arise.

The shares of Endomines AB are quoted on NASDAQ Stockholm under ticker ENDO and
on NASDAQ Helsinki under ticker ENDOM. Pareto Securities acts as Liquidity
Provider in Stockholm.


Endomines AB discloses the information provided herein pursuant to the Swedish
Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The
information was submitted for publication at 08:55 CET on December 16, 2014.