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2014-04-04

Dannemora Mineral AB: Extension of waivers and further extension of bridge financing

The bondholders in Dannemora Mineral AB's bond loan (ISIN NO
0010601198) have agreed to prolong the temporary waivers of the
interest payment of USD 7.05 million of 22 March 2014, the interest
payment of 22 September 2013, and the minimum cash liquidity
requirement of 50 million kronor, to 17 April 2014.

The bondholders in Dannemora Magnetit AB's bond loan (ISIN NO
0010700313) have agreed to further extend the maturity date of the
bridge financing to 17 April 2014. Dannemora Magnetit AB is a
subsidiary of Dannemora Mineral AB.

For further information, please contact:
Ralf Nordén, President and CEO
Telephone 46 709374891
ralf.norden@dannemoramineral.se

or

Niklas Kihl, CFO
Telephone 46295 - 24 44 20, 46730 797 363
niklas.kihl@dannemoramineral.se

Dannemora Mineral AB is a mining and exploration company of which the
primary activity is mining operations in the Dannemora iron ore mine.
The Company intends to engage in exploration activities to increase
the iron ore base locally and regionally.The Company's most important
asset is the iron deposit in the Dannemora Mine, and activity is
focused mainly on the mining of this deposit at present.

The Company is listed on NASDAQ OMX First North, Stockholm, and Oslo
Axess. The Company's Certified Advisor on First North is Remium
Nordic AB.

The Company's independent qualified person is mining engineer Thomas
Lindholm, Geovista AB, Luleå. Thomas Lindholm is qualified as a
Competent Person, as defined in the JORC Code, based on education and
experience in exploration, mining and estimation of mineral resources
of iron, base and precious metals.

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http://news.cision.com/dannemora-mineral-ab/r/extension-of-waivers-and-f...
http://mb.cision.com/Main/6282/9564137/229438.pdf

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