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Nordic Mines publ AB to continue corporate reorganization


Monday, 17 Feb 2014 03:01am EST 

Nordic Mines publ AB:Says the Oulu District Court has approved that the work to establish a corporate reorganization plan at the Finnish subsidiary Nordic Mines Oy shall continue.Says the administrator for Nordic Mines Oy has asked the Oulu District Court to extend the time to complete a reorganization plan.Says the Administrator and the company's management continue to investigate the possibility of financing in order to resume full operation based on sufficient profitability.Says the Oulu District Court has approved the time to be extended to May 30. 

Company Quote

0.025
-0.0010 -3.85%
21 Nov 2014