Arctic Minerals AB (publ) announced the appointment of Krister Söderholm as new CEO and Lennart Kvist as Corporate Secretary. As previously announced in the communiqué from the Annual General Meeting on May 8, 2018, Tord Cederlund will resign as Managing Director of the company on October 31, 2018. The Board of Directors has therefore decided to appoint Krister Söderholm as new CEO.

Mr. Söderholm is a mining executive with over 40 years' experience in the mining industry, both in Finland and abroad. He spent over 20 years with the Outokumpu group of companies, holding senior level positions at mines in Finland, Sweden and Norway. The company pleased to welcome Lennart Kvist to the company as Corporate Secretary.

Mr. Kvist graduated with a law degree from Uppsala University in 1977 and has over 40 years' experience as a corporate lawyer specialising in banking, finance and compliance. Mr. Kvist will be responsible for the company's reporting, compliance and coordination of administration.