Endomines Finland Plc – Inside Information – 23.6.2025, at 14:45 EEST

Inside Information: Notice on the conversion of convertible loan into shares

Endomines has received a conversion notice related to convertible loans, based on which a total of EUR 248,295.88 will be converted to new shares of Endomines Finland Plc.

Hietamoor Oy will convert a total of EUR 124,164.38 to new Endomines Finland Plc shares. In accordance with the convertible loan agreement, the exchange price is approximately EUR 3.51 per share.

Eyemaker’s Finland Oy will convert a total of EUR 124,131.50 to new Endomines Finland Plc shares. In accordance with the convertible loan agreement, the exchange price is approximately EUR 3.51 per share.

The exchange price consists of the daily average price calculated at the share's closing price during 15 May 2023 – 15 June 2023 with a deduction of 15 per cent.

As a result of the conversions, 70,647 new Endomines Finland Plc shares will be registered and issued. The total number of shares and votes in Endomines increases from 11,022,388 shares and votes to 11,093,035 shares and votes. After registration, the new shares correspond to approximately 0.64 per cent of the company's total number of shares and votes.

Further information:
Minni Lempinen
CFO
Endomines Finland Plc
minni.lempinen@endomines.com
+358 40 769 3483

Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our operations are focused on gold production and exploration in the Karelian Gold Line in Eastern Finland. We also own the rights to seven gold deposits in the United States. We produce gold for the jewellery and electronics industries and create value by turning natural resources into wealth; an investment that can withstand global political instability. Our vision is to develop the Karelian gold line into one of the most important and sustainable gold producing regions in the world. Endomines is listed on the OMX Helsinki (PAMPALO). www.endomines.com.