Northland Resources AB Publishes Listing Prospectus
April 24 2014 - 11:12AM
Marketwired
Northland Resources AB Publishes Listing Prospectus
LUXEMBOURG, LUXEMBOURG--(Marketwired - Apr 24, 2014) - Northland
Resources S.A. (OSLO:NAUR)(FRANKFURT:NPK)(OMX:NAURo) (together with
its subsidiaries "Northland", "NRSA" or the "Company") announces
that Northland Resources AB has published a listing prospectus in
connection with the contemplated listing of its First Lien
Bonds.
Northland Resources AB has now published a listing prospectus
(the "Prospectus") in connection with the contemplated listing of
the First Lien Bonds issued by Northland Resources AB on Oslo Børs.
The Prospectus will be available at the Company's webpage,
www.northland.eu.
The first day of listing of the First Lien Bonds on Oslo Børs
remains subject to application and final approval of such
application for listing by Oslo Børs and will be announced
separately.
This information is subject of the disclosure requirements acc.
to section 5-12 vphl (Norwegian Securities Trading Act).
Northland is a producer of iron ore concentrate, with a
portfolio of production, development and exploration mines and
projects in northern Sweden and Finland. The first construction
phase of the Kaunisvaara project is complete and - production
ramp-up started in November 2012. The Company expects to produce
high-grade, high-quality magnetite iron concentrate in Kaunisvaara,
Sweden, where the Company expects to exploit two magnetite iron ore
deposits, Tapuli and Sahavaara. Northland has entered into off-take
contracts with three partners for the entire production from the
Kaunisvaara project over the next seven to ten years. The Company
has also finalized a Definitive Feasibility Study ("DFS") for its
Hannukainen Iron Oxide Copper Gold ("IOCG") project in Kolari,
northern Finland.
Forward-Looking Information
This announcement may include "forward-looking" information
within the meaning of applicable securities laws. This
forward-looking information can be identified by the use of
forward-looking terminology, including the terms "believes",
"estimates", "anticipates", "expects", "intends", "may", "will" or
"should" or, in each case, their negative, or other variations or
comparable terminology. This forward-looking information includes
all matters that are expectations concerning, among other things,
Northland's results of operations, financial condition, liquidity,
prospects, growth, strategies and the industry in which it
operates. By their nature, forward-looking information involves
risks and uncertainties because they relate to events and depend on
circumstances that may or may not occur in the future. Readers are
cautioned that forward-looking information is not a guarantee of
future performance and that Northland's actual results of
operations, financial condition and liquidity, and the development
of the industry in which it operates may differ materially from
those made in or suggested by the forward-looking information
contained in this press release. In addition, even if Northland's
results of operations, financial condition and liquidity, and the
development of the industry in which Northland operates are
consistent with the forward-looking information contained in this
press release, those results or developments may not be indicative
of results or developments in subsequent periods.
Northland Resources S.A.Jonas LundstromVice President Investor
Relations & Corporate Communication+46 705 49 33 38Northland
Resources S.A.Johan DagertunVice President Financing and Business
Control+46 920 779 00ir@northland.euwww.northland.eu