Management Change in Nordic Iron Ore AB (publ)

Markus Karlsson leaves his role as project director in Nordic Iron Ore AB. Karlsson has been hired on a consulting basis and performed the work part-time.

The recruitment of a new project director has begun. Meanwhile, Markus Karlsson's duties will be undertaken by Hans Thorshag, technical director, and Paul Marsden, advisor in product development and marketing.

Markus Karlsson comments: “I have worked with NIO since 2014 and am grateful to have been able to take part in this exciting journey. However, the time is now ripe to concentrate on other challenges in the mining industry.

 “I want to thank Markus for his very valuable contribution to the Blötberg project and the company's development. He has made a strong contribution to developing the Blötberg project. I wish Markus all the best in his future career, ”comments Lennart Eliasson, CEO.

This disclosure contains information that Nordic Iron Ore is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 09-11-2021 12:50 CET.