Copperstone updates on the environmental permit application

Copperstone Resources AB (publ) announces today that the Land and Environment Court (Mark- och miljödomstolen, MMD) at Umeå District Court has decided that the company's application for an environmental permit for a reopening of the Viscaria mine in Kiruna shall be proclaimed. The proclamation, which means that MMD considers the application to be complete in order to be examined, is expected to take place shortly. The date for the main hearing has not been set.

“This is a very important, albeit expected milestone for us. We look forward to the continued handling of the case at the Land and Environment Court and hope that the main hearing can be held before or just after the turn of the year. That would enable a start of production at the Viscaria mine by the end of 2025," said Henrik Ager, CEO of Copperstone.

After the proclamation, the so-called exchange of letters begins, when comments regarding the application and environmental impact assessment can be submitted to MMD, after which Copperstone is given the opportunity to respond.

Since Copperstone on 30 March 2022 submitted the application for an environmental permit, Copperstone has on three occasions made supplements to the application. Copperstone's documents in the matter are published on the company's website under the tab Tillståndsportalen https://copperstone.se/tillstandsportal/miljoansokan/

About Us
Copperstone Resources AB is a company now scaling up to become a modern and responsibly producing mining company through the reopening of the Viscaria mine in Kiruna, Sweden. The deposit’s high copper grade assessed mineral resources, geographical location and growing team of experts provides good opportunities to become a key supplier of quality and responsibly produced copper – a metal that plays a critical role in Sweden’s and Europe’s climate change towards an electrified society. In addition to the Viscaria mine, Copperstone holds a number of other exploitation concessions and exploration permits in Arvidsjaur (Eva, Svartliden, Granliden) and Smedjebacken (Tvistbogruvan), all in Sweden. The parent company’s shares are traded on the Nasdaq First North Growth Market (ticker COPP B). Augment Partners is the company’s Certified Adviser, info@augment.se, +46 8 604 22 55.