Grängesberg Iron AB

News

Sale of iron ore permits

June 9th, 2011

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Grängesberg Iron AB and Scandinavian Resources Ltd has signed an agreement regarding the transfer of nine iron exploration permits in northern Sweden from Grängesberg Iron AB to Kiruna Iron AB, a subsidiary to Australian mining company Scandinavian Resources Ltd. Among the permits are the high potential exploration targets of Ekströmsberg, Tjårrojokka and Pattok. The agreement […]

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Matti Sundberg joins the Board

June 7th, 2011

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Grängesberg Iron AB welcomes Mining Counsellor Matti Sundberg as a Director of the Board. Matti Sundberg was in March elected as a Director of the Board in Grängesberg Iron AB. Among his other board assignments are Director of the Board of Boliden, SSAB Svenskt Stål (Swedish Steel), Skanska, and Chairman of the Board of Chempolis […]

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Letter of Intent with the Port of Oxelösund

October 6th, 2010

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Grängesberg Iron AB and the Port of Oxelösund (Oxelösunds Hamn AB) have signed a Letter of Intent on future transports and loading of iron ore from the Grängesberg mine through the Oxelösund port. ”The Letter of Intent between our company and the port is an important step towards a future co-operation and displays the tremendous […]

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USD 3,5 million financing through a subordinated loan

August 24th, 2010

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Grängesberg Iron AB has retained First Securities AS to advice on and effect a private placement with gross proceeds amounting to USD 3,5 million directed towards an institutional investor. The placement was completed through a subordinated loan with the right to receive repayment for the full or partial amount in shares through a set-off new […]

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