New Risk • Jul 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 37% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Revenue is less than US$1m (kr5.4m revenue, or US$559k). Minor Risk Market cap is less than US$100m (kr274.3m market cap, or US$28.3m). Announcement • Jun 17
Arctic Minerals Commences Permitting Programme At Hennes Bay Copper-Silver Project in Sweden Arctic Minerals has commenced the permitting programme for the Hennes Bay copper-silver project in Sweden, advancing the Company toward submission of an Exploitation Concession application to the Swedish Mining Inspectorate. The permitting programme includes extensive environmental baseline studies required to underpin an Environmental Impact Assessment in support of the Exploitation Concession application, targeting submission in late 2027. The permitting programme will continue in parallel with the Stakeholder Engagement, Preliminary Economic Analysis, Resource Expansion, and Regional Exploration workstreams with the aim of rapidly advancing the Project’s development and realising its resource growth and exploration upside potential. Geosyntec consultants are appointed to manage the Environmental Impact Assessment, hydrology, surface water monitoring, waste rock characterisation, and stakeholder consultation. Specialist ecological consultants EnviroPlanning and Pelagia are engaged for terrestrial and aquatic baseline surveys across the Project area. Geovista is engaged to prepare the formal Exploitation Concession application and Stakeholder Consultation document. Rapallo is appointed as Client Representative to ensure effective overall project, schedule and cost management. Announcement • Jun 11
Arctic Minerals AB (publ) Announces Peter Walker Decides Not to Stand for Re-Election from Board Arctic Minerals AB (publ) held its Annual General Meeting on 10 June 2026, Former member of the board Peter Walker has decided not to stand for re-election at the Annual General Meeting 2026. Peter has served on the Board of Directors since 2017, including as Chairman. 
