Northgold AB (“Northgold” or the “Company”) today announces that Nasdaq Stockholm AB (“Nasdaq”) has resolved to delist the Company’s shares from Nasdaq First North Growth Market, conditional upon that the previously announced transaction (the “Transaction”) is completed.
Key points
• The delisting decision is conditional upon closing of the Transaction.
• The last day of trading in the Company’s shares is expected to be on 4 June 2025.
• The Company will, in coordination with Nasdaq, confirm the last day of trading in the shares as soon as completion of the Transaction has been confirmed.
• Northgold will continue to update the market on material developments relating to the Transaction and the intended delisting
Background to the delisting
On 11 April 2025, the Company announced that it had entered into an agreement regarding a divestment of the entire business through the sale of the Company’s wholly owned subsidiaries. At the extraordinary general meeting held on 22 May 2025 it was resolved, in accordance with Chapter 25 of the Swedish Companies Act (2005:551), that the Company shall enter into voluntary liquidation.