Communiqué from extraordinary general meeting in Dannemora Mineral

The board of directors in Dannemora Mineral AB (publ) has on 24 November 2014
prepared a balance sheet for liquidation purposes pursuant to Chapter 25 Section
13 of the Swedish Companies Act, which has been reviewed by the Company's
auditor. The balance sheet shows that the Company's equity corresponds to less
than half of the registered share capital. As a result thereof, the board of
directors has convened the shareholders for an extraordinary general meeting
(initial meeting for liquidation purposes), which has been held today.

On the extraordinary general meeting (initial meeting for liquidation purposes)
in Dannemora Mineral AB (publ) held on 30 December 2014, it was resolved in
accordance with the primary proposal presented by the board of directors that
the Company shall not enter into liquidation but that the Company shall continue
its operations.
For further information, please contact:

Ralf Nordén, President and  CEO
Telephone 46 70 937 48 91
ralf.norden@dannemoramineral.se

or

Karl Ove Grönqvist, acting CFO
Tel 070 283 5307
Karlove.gronqvist@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
intends to engage in exploration activities to increase the iron ore base
locally and regionally.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.