Endomines has agreed on terms of a new off-take agreement with Boliden


Endomines is pleased to announce that its wholly owned subsidiary Endomines Oy
has agreed on terms of an agreement to sell and deliver all of its flotation
gold concentrate production from the Pampalo Gold Mine to Boliden Harjavalta,
Finland.
The final agreement is expected to be signed within the next few weeks. The
agreement will cover a period of one year. Deliveries according to the agreed
terms have already started.
"I'm very pleased that we have succeeded in agreeing on terms of an off-take
agreement. The agreement implicates trust from the customer side that Endomines
will be able to deliver low impurities concentrate for smelting at Harjavalta
smelter, Finland. We are very delighted to see that in the future our flotation
gold concentrates will be treated at the sustainable and responsible operating
flash smelter ", comments Markus Ekberg, CEO of Endomines.
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 13:30 CEST on June 29, 2016.

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. The ore from
satellite mines will be processed in the centrally located mill at Pampalo.
The Company’s 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.

Attachments

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