Spotlight Stock Market approves Svea Mining AB for listing of its shares
Spotlight Stock Market approves Svea Mining AB for listing of its shares
Spotlight Stock Market has approved an application for admission to trading of Svea Mining AB’s (the “Company” or “Svea Mining”) shares on Spotlight Stock Market. The first day of trading is expected to commence on October 27, 2026 and the shares will trade under the trading symbol (ticker) “SVEA” (ISIN: SE0030252599). No shares are being offered to the public in any jurisdiction in connection with the listing.
Svea Mining is a gold, copper and silver exploration company with two mineral exploration permits in northern Sweden – Stöverfors and Kalvträsk – both located in areas with documented historical gold, copper and silver mineralization.
“Listing the Company gives us access to the broader capital markets, allowing us to build a larger platform Company faster. Gold, copper and silver prices have all hit record highs in 2026, so the timing to list is ideal. Our initial work program was completed this summer, led by a team of geologists with experience in the region, and we are now waiting on the results,” says Svea Mining CEO Mackenzie Osborne.
Gold remains above $4,000 USD per ounce, easing back from the all-time high above $5,000 USD set earlier this year, but still up roughly 50% from levels two years ago. At these levels, gold projects that reach production carry profit margins that would have seemed extraordinary to miners just a few years ago, making quality assets in the ground more valuable today than at almost any point in the history of the metal.
“Copper and silver demand is expected to rise sharply with electrification and AI infrastructure, strengthening the economics of any deposit found. Reaching production is a long-term proposition, so alongside our own exploration, we're also evaluating later-stage projects, including producing mines, for investment,” says Ken Osborne.
“Sweden is a very stable mining jurisdiction, with transparent permitting and an easy environment to work in, so it was natural to bring the story to where the assets are and list the Company here,” says Mackenzie Osborne.
“Our properties are polymetallic, hosting gold, copper and silver. Our exploration program is designed to confirm sufficient mineral resources to justify further exploration and, eventually, mining,” says Ken Osborne.
Gold, copper and silver share a deep geological relationship, and some of the world's most prolific mining operations produce all three metals simultaneously from the same deposit, a geological reality that has long made polymetallic projects among the most economically compelling assets in the entire mining industry.
An investment memorandum (in English) relating to the listing of the Svea Mining’s shares is available on the Company’s website, www.sveamining.com.
After the first day of trading, Svea Mining intends to convene an extraordinary general meeting to resolve on a reduction of the Company’s share capital. Further information regarding the proposed reduction will be provided separately.
Important information
This press release does not constitute an offer to sell or a solicitation of any offer to buy any securities of Svea Mining AB in any jurisdiction. No shares are being offered to the public in any jurisdiction in connection with the listing.
The distribution of this press release may be restricted by law in certain jurisdictions. Persons into whose possession this press release comes should inform themselves about and observe any such restrictions. Any failure to comply with such restrictions may constitute a violation of the securities laws of any such jurisdiction.
This press release is not directed to, and must not be acted upon by, persons located in the United States (including its territories and possessions, any state of the United States and the District of Columbia), Canada, Australia, Japan, Hong Kong, New Zealand, South Africa, South Korea, Belarus, Russia, Singapore or Switzerland, or in any other jurisdiction where the distribution of this press release would be unlawful.
The securities referred to in this press release have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Svea Mining AB does not intend to register any portion of the offering in the United States or to conduct a public offering of securities in the United States.
Forward-looking statements
This press release contains forward-looking statements that reflect the Company’s current expectations regarding future events and financial performance. Words such as “intends”, “expects”, “anticipates”, “may”, “plans”, “believes”, “estimates” and similar expressions identify forward-looking statements. These statements are based on assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. The Company undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law.
About Svea Mining AB
Svea Mining AB is a Swedish mineral exploration company exploring for gold, copper and silver across approximately 7,500 hectares of highly prospective ground in the Skellefteå volcanogenic massive sulphide (VMS) district of northern Sweden, one of Europe's most productive regions for gold, copper and silver for more than a century. The Company holds two exploration permits: the Kalvträsk project (approximately 7,000 hectares) and the Stöverfors project (451.93 hectares), both located within or on the margin of a geological system that has produced almost 30 mines and which continues to host active commercial mining operations today. The Company's registered office is in Sweden.
For further information
Ken Osborne, CEO
Svea Mining AB
Email: [email protected]
Website: www.sveamining.com