Endomines share issue registered by Bolagsverket. Terms for warrants to subscribe for new shares recalculated

The Share Issue
The Swedish Companies Registration Office, Bolagsverket has registered the
rights issue in Endomines AB (publ) on the 11thof February 2016. Paid subscribed
shares (BTA), traded under ticker ENDO BTA on Nasdaq Stockholm and under
ENDOMN0115 on Nasdaq Helsinki, will be deregistered and replaced by newly issued
shares.

The last trading day for the BTA is on 17thof February 2016. First day pf
trading with the newly issued shares is on 23thof February 2016.

Endomines warrants TO 2014/2016
Endomines warrants 2014/2016, with the remaining possibilities for subscription
during the periods of 16 to 29 February 2016, 18 to 31 May 2016, 18 to 31 August
2016 and 28 November to 9 December 2016, has been recalculated with respect to
the completion of the share issue. One (1) warrant contains the right to
subscribe for 0.72 newly issued shares at a price of SEK 0.38 per share. The
subscription price for warrant holders who have their warrants registered in
Finland will be determined based on the Riksbank’s official EUR/SEK rate three
trading days before each subscription period and announced in a press release.

For further information please contact:
Markus Ekberg, CEO of Endomines AB, phone +358-40-706 48 50 or visit
www.endomines.com

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 16:45 CET on February 11, 2015.

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. 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