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Endomines appoints new CFO

Endomines AB (publ), Stock Exchange Release 14 January 2022 at 13:00 CET

Endomines is pleased to announce that Mikko Sopanen has been appointed and started work as new CFO of the Group effective 10 January 2022.

Sopanen has extensive experience of financial management and corporate funding in both management and executive roles in multiple companies and situations. He has also gained valuable experience of working in different cultures. Sopanen previously served as CFO of mining company Sotkamo Silver Plc and investment company Sievi Capital Plc. He has worked as Treasurer in the electronics manufacturing industry at Liteon Technology Group in Asia and within consulting in different positions at PwC.

Sopanen holds a Master of Business degree in financing and accounting from the University of Oulu and an eMBA from Aalto University, Helsinki.

"We are very pleased to have been able to have been able to attract a person of Mikko's calibre to this important position in the Endomines Group. His extensive experience of financing will be invaluable to us in building up our mines and developing our new projects in the coming years", says Ingmar Haga, Chairman of the Board.             

Contact person

Seppo Tuovinen, Interim CEO, [email protected],+358 50 576 0143

This information was submitted for publication through the contact person set out above at 13:00 CET on 14 January 2022.

About Endomines

Endomines is a mining and exploration company with its primary focus on gold. The Company explores for gold along the Karelian Gold Line in Eastern Finland and develops mining operations in Idaho, USA and Finland. Endomines aims to improve its long-term growth prospects by increasing its exploration activities and through acquisitions. Endomines aims to acquire deposits that are situated in stable jurisdictions and can be brought to production rapidly with limited investments.

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

Endomines on vuonna 2005 kultakaivoksiin keskittynyt kaivosteollisuuden tuotanto- ja kehitysyhtiö (ns. junior mining company). Endomines-konserni koostuu Ruotsiin rekisteröidystä emoyhtiö Endomines AB:stä ja sen täysin omistamista suomalaisista ja yhdysvaltalaisista tytäryhtiöistä. Endominesin tavoitteena on hankkia poliittisesti vakailla alueilla olevia esiintymiä, jotka on mahdollista saada tuotantoon nopeasti ja rajoitetuin investoinnein.