Northland Resources S.A. : Northland Appoints Acting Chief Financial Officer
Frankfurt: NPK - "Northland" or "the Company") is pleased to announce the
appointment of Peder Zetterberg as its Acting Chief Financial Officer ("CFO"),
effective January 23, 2012. Mr. Zetterberg will be acting CFO, reporting to the
Chief Executive Officer ("CEO"), for the twelve-month period that the current
CFO is on maternity leave.
Mr. Zetterberg has more than 30 years of international experience from CEO and
CFO positions. Prior to joining Northland, Mr. Zetterberg, served as the CEO for
the Swedish listed company BRIO Group. He was CFO and Responsible for Business
development at Sveaskog, Sweden's largest forest owner and leading supplier of
timber, pulpwood and bio-fuel.
"I am pleased that Peder is joining our team at this important time in the
development of our Company and its projects," said Karl-Axel Waplan, President
and CEO of Northland Resources S.A. "I am confident that his background and
experience will ensure a rapid and solid changeover and management of the
financial processes while Eva Kaijser is on maternity leave."
"Karl-Axel Waplan"
President & CEO, Northland Resources S.A.
For more information, please contact:
Karl-Axel Waplan, President and CEO: +46 705 104 239
Peder Zetterberg, Acting CFO, +46 708 652 120
Anders Antonsson, Vice President - Investor Relations: +46 709 994 970
Marguerite Manshreck-Head, Investors Relations, Canada: +1 647 224 7882
Or visit our website: www.northland.eu
Northland is a development-stage mining company with a portfolio of iron ore
projects in northern Sweden and Finland. The Company's Kaunisvaara Project will
exploit two magnetite iron ore deposits in Sweden. The process is expected to
yield a high-grade, high-quality magnetite iron concentrate. The construction of
the Kaunisvaara project is underway and production is planned to start in the
fourth quarter of 2012. Northland has entered into industrial off-take contracts
for the entire production from Kaunisvaara. The Company is also preparing a
Definitive Feasibility Study for its Hannukainen Iron Oxide Copper Gold Project
in Kolari, northern Finland. The results of the study are expected to be
released in the first quarter of 2012.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
Northland Appoints Acting Chief Financial Officer:
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Source: Northland Resources S.A. via Thomson Reuters ONE
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Unternehmen: Northland Resources S.A. - ISIN: LU0488722801