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NunaMinerals A/S
Issortarfimmut 1, Postboks 790
Phone: +45 299362000p:+45 299362000 NUUK, 3900  Denmark Fax: +45 299362010f:+45 299362010
On 5/15/2015, NunaMinerals A/S announced that the discussions between the Company and Greenland Mining Management Ltd regarding a restructuring of NunaMinerals are progressing based on a revised proposal from Greenland Mining Management. NunaMinerals believes that such developments may lead to a long term solution for NunaMinerals and has therefore decided to withdraw the bankruptcy petition and seek creditor protection by a suspension of payment scheme to allow time for Greenland Mining Management to finalize its negotiations with NunaMinerals and some of its major creditors and shareholders.
On 7/4/2016, the Court of Greenland ruled in favor of the bankruptcy petition by the former Ceo of the Company, Ole Christiansen. NunaMinerals A/S has 14 days to appeal the decision.
This company is no longer actively traded on any major stock exchange.
Business Summary
Nunaminerals A/S is a Denmark-based company engaged in the mineral extraction in Greenland. The Company specializes in exploring gold, copper, diamond, and nickel mines, among others, as well as in developing mineral projects. The projects portfolio is divided into two categories: Flagship Project, named Vagar Gold Project, which is wholly managed by the Company through the resource phase; and partnership projects, including Hugin Gold Project, Qeqertaasaq rare earth & niobium project, Inglefield Land copper-gold project, Ymer Oe tungsten and antimony project and Qaamasoq diamond project, which involve partnership agreements with a number of mineral firms. The Company’s projects are involved in a range of segments based on geographical and geological division, such as Nanortalik Gold Province, Nickel Belt, Thule Province and Diamonds & Rare Earth Elements (REE). Furthermore, GreenLAB Greenland A/S is the Company’s affiliate.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/201412/31/2014Yes----

Industries
SIC Code Description
1041 Gold ores
1021 Copper ores
1099 Miscellaneous metal ores, not elsewhere classified
1499 Miscellaneous nonmetallic minerals, except fuels

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Christopher J.Williams 2/1/2016 11/25/2015
Chief Executive Officer RossIannello 2/1/2016 2/1/2016
Chief Financial Officer, Director David A.Winduss 2/1/2016 11/25/2015
Chief Geologist Joshua W.Hughes 26 1/1/2013 1/1/2013
Director Allan R.Biggar 2/1/2016 11/25/2015

General Information
Stock Exchange: CPH
Fax Number: +45 299362010


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Saturday, July 22, 2023