Lappland Goldminers publishes prospectus regarding issue of convertibles

Monday, 29. March 2010 16:33
At extraordinary general meeting in Lappland Goldminers AB (publ) on March
16, 2010, a decision was taken to issue convertibles (convertible bond loan)
with preferential rights for the company's shareholders. The issue will give
Lappland Goldminers more than 122 million SEK before issue costs.

Following the issue, the company hereby releases the prospectus which has been
prepared concerning the preferential right issue of convertibles. The
subscription period will begin on April 7 and end on April 21, 2010. Trading
with subscription rights will take place between April 7 and 16, 2010.

The prospectus is available on Lappland Goldminers web page

The prospectus along with notification form and issue accounts will be
distributed to those shareholders in Lappland Goldminers AB who are directly
registered in Euroclear Sweden AB commencing around April 6, 2010. Shareholders
with nominee registered shares will be instructed by their nominees.

For additional information:

Ulf Ericsson, Chairman of the Board Kjell Larsson, CEO

Ph: +46 70-529 09 59 Tel. + 4670-385 03 57

Also visit Lappland Goldminers' website at:

About Mangold Fondkommission:

Lappland Goldminers AB is a producing mining company with significant
exploration activities. The Company is listed on the market place First North
Premier under the name GOLD, with Mangold Fondkommission AB as Certified
Adviser, as well as on the Norwegian OTC list. Lappland Goldminers' strategy is
to develop mineral deposits into profitable producing mines. The Company is
strategically positioned with the the fully permitted Fäboliden gold project and
the Ersmarksberget deposit and processing plant in northern Sweden. The
Pahtavaara gold operation is located in the north of Finland and the Haveri gold
deposit in the south of Finland. Lappland Goldminers is a member of SveMin, the
Swedish association for mines, minerals and metal producers, and follows
SveMin's reporting rules for public mining and exploration companies.


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