Bifogade filer
PDF
Beskrivning
| Land | Sverige |
|---|---|
| Lista | Spotlight |
| Sektor | Hälsovård |
| Industri | Bioteknik |
The Company's financial year is extended and covers the period July 1, 2024 - December 31, 2025.
Financial overview
Group
2025-04-01 - 2025-06-30
- Revenue for the period amounted to SEK 88 thousand (0 thousand)
- Profit after tax for the period amounted to SEK -485 thousand (-60 thousand)
- Earnings per share for the period amounted to SEK -0.05 (SEK -0.006)
- Cash and cash equivalents at the end of the period amounted to SEK 1,724 thousand
- Number of shares: 8,961,324
- Number of shares after full conversion: 8,961,324
In brackets, the corresponding period 2023/24 is reported
Parent company
2025-04-01 - 2025-06-30
- Revenue for the period amounted to SEK 88 thousand (0 thousand)
- Profit after tax for the period amounted to SEK -478 thousand (-674 thousand)?
- Earnings per share for the period amounted to SEK -0.05 (-0.08)
- Cash and cash equivalents at the end of the financial year amounted to SEK 1,628 thousand
In brackets, the corresponding period 2023/24 is reported
| KEY FIGURES - Group | 2025 1/4 - 30/6 |
| Equity ratio, % | 79 |
| Cash liquidity, % | 318 |
| Earnings per share, SEK | -0,05 |
| Average number of employees, no | 0 |
Group
2024-07-01 - 2025-06-30 (previous financial year, two and a half months)
- Revenues for the period amounted to SEK 88 thousand (SEK 77 thousand)
- Profit after tax for the period amounted to SEK -485 thousand (SEK -4.2 million)
- Earnings per share for the period amounted to SEK -0.05 (SEK -0.002)
- Cash and cash equivalents at the end of the period amounted to SEK 1,724 thousand (1,210 thousand)
- Number of shares: 8,961,324 (1,988,723,988)
In brackets, the corresponding period 2023/24 is reported
Parent company (twelve months)
2024-07-01 - 2025-06-30
- Revenues for the period amounted to SEK 88 thousand (151 thousand)
- Profit after tax for the period amounted to SEK -3.0 million (SEK -11.5 million)
- Earnings per share for the period amounted to SEK -0.34 (SEK -0.006)
- Cash and cash equivalents at the end of the financial year amounted to SEK 1.6 million (SEK 1.1 million)
In brackets, the corresponding period 2023/24 is reported
| KEY FIGURES - Group | 2024/25 1/7 - 30/6 |
| Equity ratio, % | 52 |
| Cash liquidity, % | 206 |
| Earnings per share, SEK | -0,002 |
| Average number of employees, no | 0 |
Significant events during the quarter
Fourth quarter 2025-04-01 - 2025-06-30
April 2025 - Strategic agreement for gold project in Egypt
Nidhogg Resources Holding AB, through its wholly-owned subsidiary Nidhogg Energy AB, entered into a binding Heads of Terms agreement with Enserv International L.L.C. for an investment of USD 500,000. The agreement means that Nidhogg Energy will initially acquire 50% of a newly formed company ("NewCo") with rights to the Al-Baraka gold project in Egypt. An additional 45% can be acquired after license renewal, giving a total potential share of 95% in the project.
May-June 2025 - Successful geophysical survey in Vintjärn-Kölen
The second phase of the soil geophysical survey was completed, covering approximately 440 hectares. The results confirmed previous results and demonstrated a strong, homogeneous magnetic anomaly of more than 3 million square meters. The calculations indicate a prospective resource estimate of approximately 69 million tonnes with 37.5% iron content.
June 2025 - Production information and due diligence in Egypt
The due diligence process for the Al-Baraka project was completed and confirmed geological structures containing high grades of gold. In June, an observed daily production of over 100 grams of gold from the project area was recorded.
June 2025 - Strengthening of the Board of Directors
At an Extraordinary General Meeting, Daniel Sjöholm and Steven Din were elected as ordinary members of the Board of Directors. The company will gain significant experience in law, international mining expertise, project development and corporate governance.
Significant events after the end of the quarter
July 2025 - Planning of the first investment disbursement
Preparations have begun for the first disbursement under the agreement with Enserv International L.L.C., intended to finance the Al-Baraka gold project.
July 2025 - Operator takeover
Nidhogg Energy AB has initiated preparations to take over the operatorship of the Al-Baraka project in connection with the implementation of the first investment stage.
July 2025 - Continued analyses of Vintjärn-Kölen
After the end of the quarter, collected measurements of the geophysical data from Vintjärn-Kölen have begun to be processed prior to planning and prioritization of further exploration including drilling sites.
August 2025 - The Administrative Court rejects the Company's appeal of the extension of the exploration permits Vintjärn and Kölen no. 6
The Administrative Court in Luleå has rejected the Company's appeal regarding the exploration permits Kölen no. 6 and Vintjärn. The judgment is not considered to affect the ongoing Environmental Impact Assessment (EIA) process for planned test mining in the Vintjärn mine.
August 2025 - Geophysical measurements are planned in Tuna, Hästberg and Vintjärn, Kölen
During September 2025, the Company will carry out ground-based magnetic measurements within the exploration permits in Tuna Hästberg and Vintjärn-Kölen. The aim is to map geological structures and potential mineralizations in historically iron ore-producing areas. This will be the third stage of measurements in Vintjärn-Kölen, where previous results indicated extensive high magnetic anomalies.
Otherwise, no significant news has been reported after the end of the period.
Comments from the CEO
Dear shareholders, partners and stakeholders.
During this quarter, we have taken significant steps forward with both our Swedish exploration and our focus on international investments within the framework of our incubator strategy.
In Sweden, the second phase of the ground based geophysical survey in the Vintjärn-Kölen area, covering approximately 440 hectares, has recently been completed. The results confirm previous data and show a clear, homogeneous, high-intensity magnetic anomaly spanning more than 3 million square meters. The preliminary prospective resource assessment indicates that the area could contain up to 69 million tonnes of iron ore. These discoveries are very promising and provide a solid foundation for the next step in the exploration work, which includes a well-defined drilling program and geological modelling of the area. The aim is to investigate whether this new anomaly correlates with the historically mined iron ore in the Vintjärn mine and the Kölen area, where previous drilling has shown a prospective resource estimate of approximately 70 million tonnes with an iron content of 41%. We have also started the nature conservation inventory in both Tuna-Hästberg and Vintjärn with final fieldwork expected to take place in September. Consultation documents were sent to interested parties in Vintjärn and we are in the process of processing the responses and which will be part of the environmental impact assessment application for the restart of the mine.
Internationally, our wholly owned subsidiary Nidhogg Energy has secured an important first investment step through a binding Heads of Terms agreement with Enserv International for an investment of USD 500,000. Through this agreement, we intend to acquire 50% of a new company through an agreement with Al-Baraka for the gold project in Egypt, with the option to increase to 95% after license renewal. Nidhogg Energy will be the operator responsible for budget and operational operations in Al-Baraka which will take effect with the first instalment. Due diligence has confirmed the project's potential, with high gold deposits and an observed daily production of over 100 grams of gold.
We also strengthened our Board of Directors and management during the quarter. At an Extraordinary General Meeting in June, Daniel Sjöholm and Steven Din were elected as ordinary members, which adds valuable experience and expertise to the company's management in both business law and international mining expertise. We also welcomed Joern Barkenaes as acting CFO.
In summary, the company is strongly positioned with our Swedish iron ore projects while expanding our operations with a gold-producing asset in Egypt with immediate cash flow potential.
Our primary focus going forward is to:
- Complete the ecological surveys and consultation documentation, in both Tuna Hästberg and Vintjärn, to be used as part of the trial mining process.
- Commence crushing operations with tailings pile material and waste rock processing.
- Finalize the agreements and take over operations of the Egyptian gold project.
- Strengthen the company by using the incubator strategy to drive value-creating projects and financing solutions that build long-term shareholder value in energy and natural resources.
I would like to thank all shareholders, partners and the Board of Directors for their continued commitment and trust. Together, we are leading Nidhogg towards sustainable growth and long-term value creation.
Best regards,
Niclas Biörnstad
Managing Director, Nidhogg Resources Holding AB (publ).
About Nidhogg Resources Holding AB (publ)
Nidhogg Resources Holding AB is a Swedish public limited liability company with a focus on natural resources. Nidhogg Resources was founded by individuals with a total of over 60 years of experience in the raw materials market, with a background from exploration to exploitation and sales, and with a passion for extracting raw materials by applying innovative technology together with existing infrastructure.
This information is inside information that Nidhogg Resources Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, on August 28, 2025, 0845hrs.
Contact
Ulrich Andersson, Chairman of the Board of Nidhogg Resources Holding AB (publ)
E-mail: ulrich@nidhoggresources.com
Phone: +46 70 376 0515
Or
Niclas Biörnstad, CEO Nidhogg Resources Holding AB (publ)
E-mail: niclas@nidhoggresources.com
Phone: +46 70 729 9769