Nuuk, 17 June 2016
Announcement No. 18/2016
Page 1 of 1
NunaMinerals A/S ("NUNA") ("NunaMinerals" or the "Company") announces that the management is in discussions with relevant stakeholders.
We advise that two former employees filed a petition for bankruptcy of NunaMinerals which led to a court meeting on June 10. The petitions were subsequently withdrawn.
NunaMinerals has been granted an extension for preparation of the Annual Report 2015. The new deadline was June 15, 2016. The Annual Report 2015 has not yet been completed but the Company is making arangements to complete the Annual Report as soon as possible..
The Board of Directors is continuing to make every effort to achieve a viable reconstruction of NunaMinerals, including an arrangement with its creditors, but it remains uncertain whether such a reconstruction can be achieved or what the terms of such solution might be.
For additional information, please contact: Chris Williams, Chairman, e-mail cw@nunaglobal.com or Ross Iannello, CEO, ri@nunaglobal.com
ABOUT NUNAMINERALS A/S: The company is listed at NASDAQ OMX Copenhagen A/S under the symbol “NUNA” (Copenhagen: NUNA.CO). For more information, please visit our website: www.nunaminerals.com.