Northland Resources SE announced that the Luleå District Court has approved continued reorganization for the Swedish subsidiaries, Northland Sweden AB, Northland Resources AB (publ), and Northland Logistics AB. The Court has approved the request of continued reorganization for the Swedish Subsidiaries. The creditors of the Swedish Subsidiaries which attended the creditors meeting held on August 4, 2014, have been given the opportunity to express their opinion about whether the reorganizations should proceed.

All creditors were in favor of a continued reorganizations out of those who responded. The period for the reorganizations has therefore been extended with three months, i.e. until January 15, 2015.