Annual General Meeting of Endomines AB (publ) on April 16 2015

The Annual General Meeting (the “AGM”) of shareholders of Endomines AB (publ)
was held on 16 April 2015.

Appropriation of Endomines AB’s (publ) loss and discharge from liability for
members of the Board of Directors and the CEO
The AGM resolved to adopt the Profit and Loss Statement and the Balance Sheet
for the Parent Company as well as the Consolidated Profit and Loss Statement and
the Consolidated Balance Sheet for the Group for 2014. The AGM resolved that no
dividend should be paid and that the company's result should be disposed so that
SEK 144,561,965 shall be carried forward. The members of the Board of Directors
and the CEO were discharged from liability for the financial year 2014.

Board of Directors
The AGM resolved that the Board of Directors should consist of five members.
Stefan Månsson, Rauno Pitkänen, Staffan Simberg and Meg Tivéus were re-elected
as members of the Board of Directors and Ann Zetterberg Littorin was elected as
new member of the Board of Directors. In addition, Staffan Simberg was re
-elected as chairman of the Board of Directors. Mati Sallert had declined re
-election.

Remuneration to the board of directors
The AGM further resolved that the yearly fees shall be SEK 300,000 to the
chairman of the Board of Directors and SEK 150,000 to each of the non-employed
members of the Board of Directors. It was further resolved that committee work
fees shall be SEK 25,000 to each member of the Remuneration Committee, Audit
Committee and Technique and Security Committee and SEK 50,000 to the chairman of
the Audit Committee.

The Nomination Committee
The Meeting approved the proposal for appointment of the Nomination Committee
for the Annual General Meeting 2016.

Guidelines for remuneration to senior executives
The AGM also resolved to approve to Board of Directors' proposal for guidelines
for remuneration to senior executives.

Authorization for the Board of Directors to resolve on new issue of shares and
convertibles
The AGM resolved to authorize the Board of Directors during the period up to the
next Annual General Meeting to, on one or several occasions, resolve on the
issuance of new shares and/or convertibles with deviation from the shareholders'
pre-emption right. By resolution pursuant to the authorization, the number of
new shares that can be issued may, in aggregate, be equivalent to the number of
shares corresponding to maximum 10 per cent of the total number of existing
shares in Endomines at the time of registration of the share issue
authorization.

For further information please contact:
Markus Ekberg, CEO of Endomines AB, tel. +358 40 706 48 50
Staffan Simberg, Chairman of the Board of Endomines AB, tel. +358 50 020 92 16

or visit the Company´s home page: www.endomines.com (http://www.endomines.com.)

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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 08:45 CEST on April 17, 2015.

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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
planning to start mining of the gold deposit in Hosko. The ore from satellite
mines will be processed in the centrally located mill 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. The Liquidity Provider in both Stockholm
and Helsinki is Erik Penser Bankaktiebolag.