Nidhogg Resources Holding AB (publ) (“Nidhogg” or “the Company”) provides the following operational update related to its ongoing strategic development in Sweden.

The company informs that an accredited independent consultancy firm has carried out natural inventories of flora and fauna at the iron ore mine projects Tuna Hästberg and Vintjärn. The fieldwork was completed during the summer and autumn of 2025. Work on laboratory analyses and compilation of results is ongoing, and a final report is expected to be completed by the end of the year or no later than at the beginning of the first quarter of 2026.

The inventories form part of Nidhogg’s ongoing commitment to responsible exploration and environmental due diligence and the Environmental Impact Assessment (EIA) applications. These assessments are essential for understanding local biodiversity and ensuring that future project development aligns with Swedish environmental regulations and sustainability goals.

“We are pleased to confirm that the natural inventory field work has been completed and look forward to the analysis and final reports. This marks an important milestone in our planning for both sites,” said Niclas Biornstad, CEO, Nidhogg Resources Holding AB.

The development of the Company's crushing operations in Sweden has been delayed compared to the original schedule, mainly due to ongoing permit processes. A suitable crusher plant has been identified for the planned operations, and the Company is in active dialogue with the relevant authorities and potential contractual partners. Nidhogg will provide further updates as the permitting process progresses, with the aim of setting a start date for the crushing operations.

The Company announces that the agreement communicated on November 7, 2024, regarding the acquisition of the properties Falun Vintjärn 6:47 and 6:49 from Lundgrens Åkeri i Svärdsjö AB has been extended by six (6) months. Final payment and transfer of ownership shall now take place no later than May 6, 2026. All other terms of the agreement remain unchanged, and the Company retains permission to conduct operations on the properties until the transfer.

For more information, please contact:

Niclas Biörnstad, CEO Nidhogg Resources Holding AB (publ)
E-mail: niclas@nidhoggresources.com
Phone: +46 70 729 9769

About Nidhogg Resources

Nidhogg Resources Holding AB (publ), www.nidhoggresources.se, is a Swedish limited liability company with a focus on commodities. 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.