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Carlsquare Equity Research has updated the estimated NAV per share in Arctic Minerals, following the news on additional mineral resources at the Bidjovagge site in Norway.

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Arctic Minerals is a Nordic junior exploration company, focusing on exploration for copper, zinc, gold and battery metals in Finland. The company name was earlier Arctic Gold but when the company Norrbotten Exploration was acquired in autumn 2017, the company was renamed Arctic Minerals. The acquisition and the new recruitments gave the group additional competence and strengths and a new focus on exploration in Finland.