Nuuk, 3 July 2016 Announcement No. 21/2016 Page 1 of 1
NunaMinerals A/S ("NUNA") ("NunaMinerals" or the "Company") announces that on Friday 1stJuly 2016 the Court of Greenland ruled in favour of the Bankruptcy petition claim by Mr. Ole Christiansen, former CEO of NunaMinerals A/S.
The Company has 14 days to appeal the verdict.
The Company will comment on the matter with a Statement from the Chairman to be posted on www.nunaminerals.com on Tuesday 5thJuly 2016.
Nunaminerals is a gold and copper exploration company based in Greenland.
Its main exploration properties are PAAMIUT, ISUA, MANIITSOQ EAST, GIESECKE & AMMASSALIK/KITAK, AMIKOQ, FISKEFJORDEN, MIAGGOQ, ULAMERTOQ, IVISAARTOQ, INGLEFIELD LAND, KANG EAST, HUGIN, VAGAR, STORO, QUSSUK and THE YMER Ø CONCESSION in Greenland.
Its stock quote reached its highest recent level on October 25, 2013 at €UR 9.95, and its lowest recent point on June 07, 2016 at €UR 0.00.
Nunaminerals has 27 590 000 shares outstanding.