Endomines

Board/Management Information • Oct 26, 2016

Janne Muttonen will resign from his position as Pampalo Mine Resident Manager

Endomines announced today that Pampalo Gold Mine Resident Manager Janne Muttonen has tendered his resignation from his position effective 26th January 2017. Janne Muttonen has been working as the resident manager for the Pampalo operations since November 2010.

The search for a new Resident Manager will start immediately. Until such time a successor has been employed by Endomines, Janne Muttonen will continue to serve as the resident manager of the Pampalo Operations for a period of up to 3 months.

"We are thankful for Janne's leadership over the past six years as the company has undergone a successful transformation from a construction project to an operating gold mine" , comments Markus Ekberg, CEO of the Endomines.

CONTACT PERSON

Markus Ekberg, CEO, phone +358 40 706 48 50, E-mail: markus.ekberg (at) endomines.com

This information is information that Endomines AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 13:00 CET on 26 October 2016.

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About Endomines

Endomines is a gold concentrate producer with mining, development and exploration operations in Eastern Finland along the 40 kilometer long Karelian Gold Line. Through various regulatory approvals, Endomines controls the exploration rights to this entire area. Endomines vision is to participate in the future structural transformation and consolidation of the Nordic mining industry. The Company may therefore be involved in acquisitions of interesting deposits or companies, should such opportunities arise.

The shares trade on Nasdaq Stockholm (ENDO) and Nasdaq Helsinki (ENDOM).