OSE Ose Corp.

Northland Resources S.A. (OSLO:NAUR)(FRANKFURT:NPK)(OMX:NAURo) (together with
its subsidiaries "Northland", "NRSA" or the "Company") announces that the Board
of Directors of Oslo Bors ("OSE") has resolved to impose a violation charge on
Northland Resources S.A. of MNOK 1,3 for a breach of the duty to disclose inside
information to the market.


The case relates to whether Northland failed to publicly disclose in a timely
manner information about higher than expected operating costs and capital
expenditures. OSE is of the opinion that inside information in relation to
higher costs was in existence in the company by 29 November 2012 at the latest.
OSE has notified the Company that an appeal deadline is set to August 5, 2013.


Visit our website: www.northland.eu

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 is also preparing a Definitive Feasibility Study ("DFS") for
its Hannukainen Iron Oxide Copper Gold ("IOCG") project in Kolari, northern
Finland and for the Pellivuoma deposit, which is located 15 km from the
Kaunisvaara processing plant.


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 ability to meet its
continuous disclosure and MCTO obligations, the likelihood of Northland rectify
its default under Canadian Securities laws, 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Northland Resources S.A.
Petter Brunnberg
Investor Relations
+46 727 24 41 09
www.northland.eu

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