Nordic Mines names Eva Kaijser new CEO
04 May 2015 - 4:00PM
PRESS RELEASE 4 May 2015
The English text
is an unofficial translation of the Swedish original and in case of
any discrepancies between the Swedish text and the English
translation, the Swedish text shall prevail. This is not a legal document.
The Board of Directors of Nordic
Mines has decided to replace the current CEO and to name Eva
Kaijser the new CEO of the Group. Eva has more than 17 years of
experience in the mining industry, of which 11 years with the
Boliden Group in various management and executive managment roles.
Eva left Boliden to be the CFO of Northland Resources. Most
recently Eva has been working as an independent advisor within the
mining industry. Eva Kaijser will take over the role of CEO for
Nordic Mines immediately.
Comments from the Chairman of the Board of
Directors, Lennart Schönning
"Eva has an
extensive financial and industrial background in the mining
industry, in particular in complicated negotiations with lenders
and banks. With Eva at the helm of Nordic Mines, we are now
building a strong team to conclude the ongoing discussions with the
Company's lenders. In combination with the company's ongoing
efforts to further strengthening liquidity to meet the increased
need for working capital during the first months of the restart of
the Laiva operations we hereby solidify the foundation for
restarting profitable operations at the Laiva mine," says the
Chairman of the Board, Lennart Schönning, in a statement.
"I would also
like to take this opportunity to thank our previous CEO, Thomas
Cederborg, for his commendable contributions during his time as
CEO, in particular in conjunction with the conclusion of the
Company's reorganisations in Finland and Sweden in the autumn of
2014 following extensive composition plans, significant debt
write-downs of existing bank loans and the raising of capital from
new and old shareholders," concludes Lennart Schönning.
For further
information contact:
Lennart Schönning, Chairman, +46 (0)8 5051 6500
Eva Kaijser, CEO, +46 (0)70 932 09 01
For more information about Nordic
Mines, please visit our website at www.nordicmines.se.
The information in this press
release has been published pursuant to the Securities Markets Act
and/or the Financial Instruments Trading Act. The information was
published at 8:00 a.m. on 4 May 2015.
Nordic Mines AB
is a Nordic mining and exploration company. Gold production began
in the Laiva mine in Finland at the end of 2011. The deposit is
among the largest in the Nordic region. Nordic Mines is a member of
Svemin and applies its reporting regulations for publicly owned
mining and exploration companies. The Nordic Mines share is
admitted for trading on the Nasdaq Stockholm Small Cap list. Also
refer to www.nordicmines.se
Nordic Mines names Eva Kaijser new
CEO
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Source: Nordic Mines AB via Globenewswire
HUG#1918349