Dannemora Mineral board postpones May 9 meeting to resolve financing

By Kali Hays

New York, April 11 - Dannemora Mineral AB's board has postponed the company's annual general meeting originally scheduled for May 9, according to an April 11 news release from the company.

No new date has been set for the meeting.

"The reason for the postponement is that the work of a financing solution for the necessary investments and working capital is still ongoing, and the board wishes that such a solution can be presented at the [meeting]," the release stated.

Dannemora is an iron ore producer based in Danderyd, Sweden.

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