Nidhogg Resources

The Administrative Court in Luleå has today issued a verdict in the case, where Big Rock Mineral AB, in consultation with Nidhogg Resources Holding AB (publ) (the "Company" or "Nidhogg"), appealed the Mining Inspectorate's decision to reject the application for extension of the exploration permits Kölen no. 6 and Vintjärn. The court agrees with the Mining Inspectorate and rejects the Company's appeal.

Nidhogg will analyze the judgment and decide whether or not to appeal the decision.

It is the Company's assessment that the Administrative Court's ruling does not affect the ongoing process of environmental impact assessment (EIA) regarding planned test mining in the Vintjärn mine. The EIA process is handled by the County Administrative Board of Dalarna County and thus falls outside the review of the Mining Inspectorate and the court.

In addition, the Company continues with ongoing and planned natural resource inventories and exploration within the other exploration permits that the Company holds in the Vintjärn-Kölen area.

This information is inside information that Nidhogg Resources Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, on August 19, 2025, 1330hrs.

Contact

Ulrich Andersson, Chairman of the Board of Nidhogg Resources Holding AB (publ)                                      E-mail: ulrich@nidhoggresources.com
Phone: +46 70 376 0515

Or

Niclas Biornstad, CEO Nidhogg Resources Holding AB (publ)                                                                        E-mail: niclas@nidhoggresources.com 

About Nidhogg Resources

Nidhogg Resources Holding AB (publ), www.nidhoggresources.se, is a Swedish limited liability company with a focus on natural resources. Nidhogg was founded by individuals with a total of over 60 years of experience in the commodities market, with backgrounds ranging from exploration to exploitation as well as sales and a passion for extracting raw materials by applying innovative technology together with existing infrastructure.