Press Releases

Vilhelmina Mineral AB (publ) announces annual report 2019

Vilhelmina Mineral AB (publ) (the "Company") announces its annual report 2019. The annual report has been audited by the Company's auditor and is available at webpage www.vilhelminamineral.com.

For the full report, see attachment.

For additional information please contact:
Peter Hjorth, CEO, Vilhelmina Mineral AB (publ) , tel. +46-725 38 25 25
Email: info@vilhelminamineral.com
See also: www.vilhelminamineral.com

Vilhelmina Mineral is a Swedish junior resource company with focus on copper and zinc projects in the Nordic countries. In Sweden the Company owns the Stekenjokk project in which approximately 7 million tons were produced between 1976 and 1988. According to estimates there are remaining indicated mineral resources of 7.4 million tons with grades of 1.17% Cu, 3.01% Zn and 47 g/ton Ag (cut-off 0.9% Cu). In Norway, Vilhelmina Mineral is co-owner in the Joma field in which some 11.5 million tons were previously produced between 1972 and 1998 with average grades of 1.5% Cu and 1.5% Zn. The Joma field (excluding Gjersvik) is estimated to hold approximately 5.7 million tons with grades of 1.55% Cu and 0.82% Zn (cut-off 0.8% Cu).

2020-03-23
Regulatory

The shareholders in Vilhelmina Mineral AB (publ), reg. no 556832-3876, are hereby invited to participate in the Annual General Meeting to be held on Friday, April 24, 2020 at 4 p.m. in the Company's premises at Brahegatan 29 in Stockholm. Registration to the Annual General Meeting starts at 3.30 p.m.

2020-03-09
Regulatory

Vilhelmina Mineral AB (publ) ("Vilhelmina Mineral") announces that Nickel Mountain Resources AB (publ) (" Nickel Mountain ") today has entered into an agreement with owners of 92.5 % of the shares in Vilhelmina Mineral to acquire their shares against payment in newly issued shares in Nickel Mountain. Before the transaction is completed, Vilhelmina Mineral will be financed through a rights issue of SEK 23 million, which is 100% covered by guarantees and subscription obligations. In addition, Vilhelmina Mineral has entered into an agreement for additional financing of approximately SEK 3.3 million through Norwegian regional funds. The affair with Nickel Mountain requires, among other things, the approval of an Extraordinary General Meeting of Nickel Mountain. 

2020-02-11
Regulatory

Fourth quarter 2019 (October-December 2019)

  • Revenue for fourth quarter amounts to MSEK 0.0 (0.0)
  • Exploration and evaluation costs for fourth quarter amounts to MSEK 2.9 (3.3)
  • After-tax profit for fourth quarter amounts MSEK -2.9 (-3.3)
  • Profit per share for fourth quarter amounts SEK -0.17 (-0.22)

Full year 2019 (January-December 2019)

  • Revenue for full year amounts to MSEK 0.0 (0.0)
  • Exploration and evaluation costs for full year amounts to MSEK 8.4 (11.0)
  • After-tax profit for first nine months amounts MSEK -8.5 (-11.3)
  • Profit per share for first nine months amounts SEK -0.51 (-0.84)
2019-11-08
Regulatory

Third quarter 2019 (July-September 2019)

  • Exploration and evaluation costs for third quarter amounts to MSEK 1.5 (1.3)
  • After-tax profit for third quarter amounts MSEK -1.5 (-1.3)
  • Profit per share for third quarter amounts SEK -0.09 (-0.09)

First nine months 2019 (January-September 2019)

  • Exploration and evaluation costs for first nine months amounts to MSEK 5.6 (7.7)
  • After-tax profit for first nine months amounts MSEK -5.6 (-8.0)
  • Profit per share for first nine months amounts SEK -0.34 (-0.64)
2019-10-17
Regulatory

Swedish junior resources company Vilhelmina Mineral AB (publ) ("Vilhelmina Mineral" or "the Company") has submitted an extensive supplement to the ongoing application for exploitation concession in Stekenjokk and Levi. The documentation was sent to the Swedish Mining Inspectorate. The concession application relates to mining of copper and zinc. In its supplement the Company maintains that exploitations concessions should be granted for both mineralizations.

2019-08-09
Regulatory

Second quarter 2019 (April-June 2019)

  • Exploration and evaluation costs for second quarter amounts to MSEK 2.0 (5.4)
  • After-tax profit for second quarter amounts MSEK -2.0 (-5.6)
  • Profit per share for second quarter amounts SEK -0.12 (-0.45)

First six months 2019 (January-June 2019)

  • Exploration and evaluation costs for second quarter amounts to MSEK 4.1 (6.4)
  • After-tax profit for second quarter amounts MSEK -4.2 (-6.7)
  • Profit per share for second quarter amounts SEK -0.25 (0.54)
2019-05-14
Regulatory

First Quarter 2019 (January - March)

  • Exploration and evaluation costs for first quarter amounts to MSEK 2.1 (1.0)
  • After-tax profit for first quarter amounts to MSEK-2.2 (-1.0)
  • Profit per share for first quarter amounts to SEK -0.13 (-0.10)
2019-05-03
Regulatory

Vilhelmina Mineral AB (publ) ("the Company") has held an annual general meeting on May 3, at which the current members of the board, Scott Moore, Neil Said, Les Kwasik, Jonas Dahllöf and Peter Hjorth, were re-elected. Further, the board has been authorized to issue up to 33,000,000 new shares or other financial instruments.

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