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Archelon Mineral publ AB Updates on Sale of Shares in Nordic Iron Ore AB

Thursday, 31 Oct 2013 10:07am EDT 

Archelon Mineral publ AB announced that out of 639,712 shares offered in the Company's subsidiary, Nordic Iron Ore AB, a total of 220,000 shares were sold, corresponding to 34% of the offer. The shares were offered at a price of SEK 8.50. The sale resulted in gross proceeds of approximately SEK 1.9 million. 

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