Dannemora requests another three-month extension of reorganization

By Kali Hays

New York, Feb. 10 – Dannemora Mineral AB filed for an additional three-month extension of its reorganization with the Uppsala District Court, according to a Tuesday news release.

Dannemora asked that the reorganization be extended until May 13 from Feb. 13.

As previously reported, the initial reorganization was approved by the court through Aug. 13 and was subsequently extended to Nov. 13.

The company said it needs the additional time to “complete actives and find a long-term financing solution.”

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

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