Nordic Iron Ore is a mining company aiming at reopening and developing the iron ore production in the main Ludvika mines Blötberget and Håksberg. Moreover the company intends to expand its mineral resources and upgrade them to iron ore reserves, mostly through prospecting and study of the Väsman-field, connecting the two mines.
Nordic Iron Ore’s shares are listed on Nasdaq First North Growth Market.
Augment acted as financial advisor to the company in the rights issue.