Final report strengthens the opportunities for profitable mining operations in Fäbodtjärn

(AktieTorget: BOTX). The final report from LTU on the process mineralogical investigation shows that a very high yield is possible with only gravimetric methods. A gold yield of 90% with simple gravimetric methods supports our view that a cost-efficient concentration and mining of Fäbodtjärn not only is possible; it also shows the great potential this area has to become Sweden’s next gold mine. The company now continues the discussions regarding how this area as soon and as cost-efficiently as possible can become a producing gold mine. The company has, as previously communicated, initiated the necessary permit processes required for a test mining permit and an exploitation concession.
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Norrlandsfonden makes long-term investment in Botnia Exploration

(AktieTorget: BOTX). As previously announced in a press release on June 13, 2014 Botnia Exploration has concluded an agreement on a financing solution consisting of a bridge loan in combination with a directed issue of shares of in total 5,000,000 shares to a few of the company’s main shareholders. In addition to these main shareholders, also Norrlandsfonden has decided to participate as financier of both a bridge loan of 1.5 MSEK and a convertible loan of 1.5 MSEK or in total 3.0 MSEK.
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