Endomines

Board/Management Information • Sep 24, 2014

Endomines AB Press Release Stockholm, 24 September 2014

Endomines AB is planning to reactivate exploration activities and recruits an Exploration Manager

Endomines has strengthened its organisation and recruited an Exploration Manager to the Company's operations at Karelian Gold Line, Finland. MSc (geology) Jyrki Bergström will take the post from the 1st of October 2014.

Jyrki Bergström has extensive experience from exploration and mine development activities in Finland and abroad. Jyrki's latest appointment was with Dragon Mining Oy, where he was responsible of Northern Finland exploration and Kuusamo gold mine development geological activities. Beside this, Jyrki has also been running his own geological consultant business.

"We are delighted that Jyrki will be joining Endomines as its new Exploration Manager. The Company is planning to reactivate its temporarily suspended exploration activities along the Karelian Gold Line, eastern Finland and Jyrki will add valuable competence and knowledge to the project", comments Markus Ekberg, CEO of Endomines.

Jyrki Bergström holds a Master of Science degree in Geology from University of Helsinki in Finland. He has 15 years' experience from gold and industrial mineral exploration and development projects from Outokumpu Mining, Rio Tinto Minerals, Imerys Talc and Dragon Mining from Finland, France, Italy, Austria and Australia.

Jyrki Bergström will report to Endomines' CEO Markus Ekberg and will be a member of the Company management team.

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 the 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 Securities acts as Liquidity Provider in Stockholm.

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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 08:45 CET on September 24th, 2014.