Northgold AB (Nasdaq First North Growth Market: “NG”, “Northgold” or the “Company”) today published its 2021 Annual Report, which is attached to this release in both Swedish and English.
In the audit process, we discovered a cost linked to the new share issue made during 2021 of KSEK 558. The amount has been removed from the P&L and is booked directly under Equity. The loss of the year of KSEK 558 differs from the annual report, but the Equity at the end of the period remains the same.
The report is also available at www.northgoldab.com.
Mitch Vanderydt, CEO, comments: “Nothgold’s fiscal year (FY) 2021 was about company formation and preparing for its planned listing on the Nasdaq First North Growth Market exchange, which was
completed following the period on 24 March 2022.”
Northgold is a Swedish gold exploration and development Company with multiple resource-stage projects in the Middle Ostrobothnia Gold Belt (MOGB) of Central Finland, including the Kopsa Gold-Copper project and the Kiimala Trend Gold project. The Company strives to find and ultimately extract gold from under-prospected areas in Finland. Visit www.northgoldab.com for more information.
Augment Partners AB, tel. +46 8-604 22 55 email@example.com, is acting as the Company's Certified Adviser.