Northland Resources announces that the Company's request of bankruptcy has been approved by the Luxembourg District Court. In accordance with the announcement on December 8, 2014, Northland Resources, the parent company of Northland, has filed for bankruptcy in Luxembourg on December 17, 2014. Pursuant to article 437 of the Luxembourg Commercial [...]
Northland Resources announces that the Company's request of bankruptcy for Northland Logistics AS, Northland Mines OY and Northland Exploration Finland OY has been approved with respective jurisdiction. In accordance with the announcement on December 8, 2014, the Company's subsidiaries Northland Logistics AS, Northland Mines OY and Northland Exp...
Northland Resources announces that the respective Board of Directors for the following legal entities within the Northland group: Northland Resources SE, Northland Sweden AB, Northland Resources AB, Northland Logistics AB , Northland Logistics AS Northland Mines OY and Northland Exploration Finland OY, have resolved to file for bankruptcy with [...]
Northland Resources announces that Lulea District Court (has approved the Company's request of bankruptcy for the Swedish subsidiaries Northland Sweden AB, Northland Resources AB and Northland Logistics AB. In accordance with the announcement earlier today, the Company's Swedish subsidiaries Northland Sweden AB, Northland Resources AB and Northland [...]
Northland Resources announces that the Company has been informed that the group of Swedish investors cancels the acquisition process that had been initiated based on the proposal to the Company's major creditors. Furthermore, Northland has also been informed by the counterpart for a contemplated outsourcing agreement that the counterpart has [...]
Northland Resources announces that progress has been made in discussions between a group of investors and the Company's major creditors the Board has therefore instructed the Company's management to continue working on a restructuring. As announced on November 20, 2014, a group of Swedish investors with industrial competence (the "Investors") have [...]
Northland Resources today announces its financial results for the quarter ended September 30, 2014. Net sales for the quarter were USD 47.3 million, with a gross loss of USD 28.0 million and a net loss of USD 932.7 million, and EBITDA of USD 11.9 million negative. The net loss in third quarter of 2014 includes impairment charges of USD 838.4 [...]
Northland Resources announces that Lulea District Court (the "Court") has approved the Company's request of composition proceedings for the Swedish subsidiaries Northland Resources AB (publ) and Northland Logistics AB. The meeting will be held on December 19, 2014. The Court has approved the Company's request of composition proceedings for the [...]
Northland Resources announces that its Swedish subsidiaries Northland Resources AB (publ) and Northland Logistics AB today has filed a request for composition proceedings with the Lulea District Court. In accordance with earlier announcements, Northland Resources, Northland Logistics AB and Northland Sweden AB have on November 11, 2014 presented a [...]
Northland Resources announces that the Reorganization Plan regarding Northland Sweden AB, Northland Resources AB, Northland Logistics AB and Northland Logistics AS will today be distributed to all the creditors of the companies via e-mail. The Reorganization Plan is available at Northland's web site:
Northland Resources announces that the Board of Directors has evaluated the current situation and decided to postpone the decision regarding the Company's way forward, since discussions regarding the contemplated financing solution continues. As previously announced by the Company, the Board intended to decide on a way forward of the Company at [...]
Northland announces the number of warrants exercised in November 2014. The deadline for the Company's warrant holders to exercise their warrants in November 2014 has now expired. The Company has received no exercise notices in November 2014. The total number of outstanding shares will thus remain 69,136,842, and the remaining number of outstanding [...]
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