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2014-05-09

Endomines AB: Environmental permit granted for the Rämepuro satellite mine

The Company's subsidiary Endomines Oy has today received an
environmental permit decision from the Eastern Finland Regional State
Administrative Agency ("AVI") relating to the Rämepuro satellite mine
mining.

The Company has preliminarily assessed the received permit and has not
identified any issues that will prevent the company from starting
mining the Rämepuro deposit and further processing at Pampalo central
plant as scheduled summer 2014. The permit grants the Company the
right to commence operations immediately regardless of potential
appeal processes.

"The obtained permit and quick handling time is a further testimony
that the Company operates responsibly along Karelian Gold Line. We
will commence preparations for full scale production at Rämepuro
immediately. The Rämepuro ore will be an important supplement for the
Pampalo central processing plant ore feed during the coming years",
comments Markus Ekberg, CEO of Endomines.

Endomines submitted the environmental permit application for Rämepuro
operations in the summer of 2013.

For further information, please contact:
Markus Ekberg
CEO of Endomines AB
tel. +358 40 706 48 50

or visit the Company's home page: www.endomines.com

About Endomines AB
Endomines AB is a Nordic mining and exploration company with its first
operating gold mine in production since February 2011. The mine is
located in Eastern Finland, on Karelian Gold Line, a 40 km long gold
critical belt, where Endomines controls all currently known gold
deposits.

The company's business practices and mining operations are based on
sustainable principles and on minimizing the impact on the
environment.

Endomines applies SveMin's & FinnMin's respective rules for reporting
(public mining & exploration companies). It 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.

The shares of Endomines AB are quoted on NASDAQ OMX Stockholm under
ticker ENDO and on NASDAQ OMX Helsinki under ticker ENDOM. Pareto
Öhman acts as Liquidity Provider in Stockholm.

________________________________________________________________________________________________

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 15:00 CET on May 9th, 2014.

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http://news.cision.com/endomines-ab/r/environmental-permit-granted-for-t...
http://mb.cision.com/Main/2472/9582654/242972.pdf

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