Ja, god morgon hörni och välkomna till Stora Aktiedagarna. Första presentationen här är digitalt som ni kanske ser och kommer även vara på engelska. Så jag skiftar lite kort här. I will now hand over the word to you here, Peter George, CEO of Arctic Minerals. You have the floor. I guess we only have 15 minutes today, so I'll get straight into it. Really what I want viewers to take away from today's presentation is, look, if you are a savvy investor looking for leverage into the mining industry and you understand the current capital rotation from tech stocks into resources, then Arctic Minerals with copper, gold, silver, and critical metals exploration and development-focused projects in the Nordics, it's gonna be of great interest to you. We're effectively a new company since the reverse takeover in October 2024. Look, just basically ignore everything that's happened before then. We set ourselves some goals, and we achieved those goals in 2025 through the rebuilding of the board and management team. We recapitalized the company through the raising of about SEK 40 million, and we switched the focus to our extremely valuable Hennes Bay copper-silver project in Dalsland. We have a very experienced board, management, with both vast international and Nordic experience in creating massive shareholder returns. We have a highly experienced management team in exploring, developing, and operating mines in the Nordics. We have an amazing head start, really, with the 55 million tons of high-grade copper-silver ore at our flagship Hennes Bay project in Dalsland. That's really only just the beginning. We believe it's a lot bigger than that. We're not just a one-trick pony either, given the massive potential upside from our second advanced high-grade gold and copper exploration project at Bidjovagge in Norway, and our greenfields exploration porphyry copper gold and epithermal gold project sitting in between the Aitik and Laver projects in northern Sweden. A lot of news flow planned for 2026. I guess just things to watch at our flagship Hennes Bay project, and we have a timeline of construction, or to construction, I should say, of five years. Drilling is set to commence at our Hennes Bay project, looking to expand on the starter resource. The work on the PEA has commenced, with the first phase of this being the highly successful underground conceptual study. We've commenced our baseline studies into the potential impacts on the flora, the fauna, the water, and heritage have also been commenced. The aim of that is to achieve our mining environmental permits within a realistic timeframe. Just a brief on our portfolio. As mentioned, Hennes Bay is our flagship project. This is a historical project going back to over 100 years, where there was some mining there at the Stora Strand project on our tenement. The main focus is the sediment-hosted stratiform copper, silver deposit there. We have 55.4 million tons at around about 1% copper equivalent, or 0.8% copper and 20.8 grams per ton silver. There's been no modern exploration for over 40 years, and less than 5% of the project has actually been drill tested. Massive potential upside, but I'll come back to the project. Our former flagship project in Bidjovagge project up in Finnmark in northern Norway, a project in its own right with fantastic upside, has a current resource of 3.3 million tons at about 0.97% copper and 1.2 grams per ton of gold. Already have the mining permits awarded. Has been somewhat stuck in recent times due to political issues pertaining to not being able to come to agreements with the Sámi peoples. You know, we're working on that in the background and I wouldn't discount this as a project that's potentially going to come back into importance into the near future. With intersections of 18 m at 2.2% copper and 33.8 grams per ton gold, you know, these are world-class style intercepts up there. We also have our Swan Lake project. This sits up, as I mentioned, between Aitik and Laver. We recently put out our geophysics on that particular project there, and we're quite convinced that we have another copper porphyry and a epithermal gold deposit, which is just one drill hole away from having a major discovery. Looking forward to continue work on that. Again, we don't have much time, but the 55 million ton starter resource, look, we're very fortunate. There's about 14,000 meters of drilling put into the project by the Swedish state going back into the 1970s and 1980s. Nearly 500,000 tons of copper and 37 million ounces or just over a ton of silver sitting in the ground. Critical metals, strategic metals as far as the EU is concerned, you know, already a project of strategic significance, or Riksintresse for the Swedish state. As I mentioned, not just the 55 million tons. Hopefully you can see here on the right-hand side this particular view of the system. Basically, Dingelvik, this little red area here, that's where we have the 55 million tons that we reported last year. We have another 5 deposits which are all along strike on the mineralization outcropping at surface, which didn't quite make the JORC compliant resource standard, but at least another 25 million tons sitting there ready to go. I can, you know, happy to report that our drill rig is on the way, and we hope to start drilling to bringing those into the JORC compliant resource within the next week or so. This whole purple area here that we have that demonstrates the mineralized horizon, and as you can see, this particular, we've got grab samples at surface nearly 18 kilometers away, 1.78% copper and 40 grams per ton silver. This is quite typical of a sediment-hosted stratiform copper-silver deposit, very similar to the Kupferschiefer down in Germany and in Poland. These things are extensional really large projects. We now have 414 square kilometers after just having a small area awarded. But as mentioned, less than 5% of the area is actually being drill tested. A huge amount of potential upside. As I said at the start, our main focus last year was on recapitalizing the company, reorganizing the board and the management team. But what we also decided quite early on was that we wanted to investigate some more modern geophysical techniques when really nothing's been done in the area for 50 years. We ended up deciding upon the airborne magnetotelluric or MMT survey. We ran that and we produced those results earlier this year. The Dingelvik area where we have our 55 million tons is here. What this survey demonstrated to us is that we have a target area of at least 10 x bigger than Dingelvik in this particular area that we ran the survey. Keep in mind that that's only 134 sq km out of the 414 sq km that we have. Approximately 1/3. Highly successful survey, a real game changer for us. You know, the anomalies that are popping up in the system demonstrate that there's an awful lot more ore there to be found. You know, that's really influencing our second phase of our drilling program, which we've already submitted our applications for, and we hope to get some responses back on those soon. We're also planning to continue to do more geophysics work in the summer, so only a few months away now. We've also done a underground conceptual study. This is part of the first part of a PEA that we'll be doing. This was a fantastic result for us, which demonstrated that we have the potential for a 4 million ton per annum decline capacity underground mine, room and pillar mine, very similar mining method to what's being used down in the Kupferschiefer in Germany and Poland. Again, the big difference being, of course, that we're mining from surface and down as compared to down there where they're up to a 1,000 km underground. What I'm really looking for here or to demonstrate was that we have multi-decade production potential. At the moment, just with the 55 million tons, it's suggesting 12-15 years. My plan is to get this project up to between 200-300 million tons relatively quickly with the exploration and resource upgrade work that we're wanting to do in the next couple of years. This will really give us an intergenerational project or multi-generational project over multiple decades with massive upside. The infrastructure in the area is fantastic. It's an area of Sweden which is screaming out for some industrialization. It's you know really poorly populated part of Sweden. In saying that, it's got some fantastic infrastructure. I mean, I've got two 400-kilovolt power lines running over the top of the property. I've got two railway lines running over the top of the property. I'm only an hour and a half from Gothenburg. You know just some amazing access to resources and infrastructure in this area. Of course, with the big part of that being a significant portion of Sweden's power comes from nuclear and water power. A real benefit to us as we move forward. The forward work plan for Hennes Bay, the stakeholder engagement is a massive part of what we're doing. A huge amount of effort is going into discussions at a political level, both on the state and also at the local level. Significant conversations are happening with landowners and with business owners in the area. As I stated, we're about to start our first drilling program, and we're already employing local people to give us a hand to get that project up and running. The environmental heritage and cultural investigations, they've already started. Baseline studies are extremely important. We need to understand how our potential operations could impact on the local environment. The resource expansion, our first drilling program starts next week. We're looking to bring those other prospects in and around the area into the JORC compliant resource. The 10 times larger area of target area that we've discovered from our recent geophysical work, that's the second phase of drilling. About 8,000 meters worth of drilling applications have gone in to test those particular areas. We're also starting to submit a program for bringing our current 55 million tons from inferred up into indicated. Some news will come out of that at a later date. Testing of the exploration model, obviously a lot more work in the field needs to be done for the further geophysical surveys with the MMT surveys already mentioned. The project development side. On the preliminary metallurgical testing, we've had some major wins recently where we discovered some old reports going back into the eighties and nineties, which suggest a very high recovery of the gold— oh sorry, the copper and of the silver up into the 90s, 90% rate, and potentially producing a copper concentrate up to 38% copper with a 458 grams per ton silver tail within that. I think one of the other important things that came out of it that there was no deleterious elements within the biological testing. That was a big bonus for us and a major step forward for our preliminary economic assessment, already well on the way for the PEA with the underground conceptual study. Looking forward to seeing a lot of good news coming out from Hennes Bay in the near future. Our balanced portfolio, as mentioned already, you know, we're not a one-trick pony. We have Hennes Bay and Bidjovagge as already advanced projects. These are projects that are already heading into the development phase. I guess we could start calling ourselves a development company now. We also have our Swan Lake and our Kuusi projects, which are greenfields exploration projects in highly prospective areas. We're in a fantastic position and obviously each time we hit one of these milestones as you can see in our pyramid here, you know, we expect to get revalued. Lots of news flow coming up. Corporate summary. We're only at 47 million shares on issue. We don't have any warrants outstanding. We don't have any options outstanding. 47.03 million shares, that's what we have. Our share price copped a bit of a hammering the last week or two, obviously with the war in Ukraine, but still holding up very well compared for over the last 12 months. Our market cap of about SEK 336 million. And yeah, I guess just the why invest in Arctic Minerals being the last slide here. I think it's really important that we need to reiterate the fact that we've got future-facing critical raw materials here. The copper and the silver, these are strategic metals and critical metals as far as the EU and the rest of the world is concerned for that matter. Not only that, you know, we have a significant amount of gold, but we have some really interesting byproducts with our gallium, germanium, vanadium and rare earth elements. That's also something to keep an eye on as we move forward. We have the right geology, we're looking for large-scale copper deposits. So we've got the sediment-hosted stratiform copper at Hennes Bay. We've got the porphyry style up at Swan Lake. So these are definitely the sorts of projects that we're looking for. The right people. We've got a fantastic team of people that have got a huge amount of international and Nordic experience and a massive track record for discovery and shareholder value creation. The right jurisdiction. Sweden, Norway, Finland, these are Tier 1 mining jurisdictions around the world really trying to lead the energy transition and lead the way for Europe and the EU Critical Raw Materials Act. The balanced portfolio I was just talking about. We're nearly 500,000 tons of contained copper and 1,000 tons of silver at Hennes Bay. We've got a fantastic start, but also with Bidjovagge and our other projects. I guess just really positioned for being in the Nordic markets with the assets in Sweden, Norway and Finland, together with our Swedish and our Finnish management of course, and being listed on the Nasdaq Nordic. It gives us a massive advantage being located where our projects are today. Thank you very much for that. Over to you, Ludvig, if you had any questions. Thank you so much for that. Maybe a first question here. The geophysical survey at Hennes Bay covered only about 34% of the area. How much upside do you see in the remaining license area here? Yeah. No, that's a good question. Look, I'll just go back to this slide here. The 134 sq km really goes only over where you could see the different colors and the different anomalies in this area. What you can also see is this red line here. This is the mineralization at surface, outcropping at surface. It lines up obviously very nicely with that, and that was the point for us doing the test there in the first place for the geophysics. You can see it also continues all the way down to the south. As per this particular slide here, you know, 18 km away, we can see grab samples at surface of up to nearly 1.8% copper and 40 grams per ton silver. I'm expecting that we're gonna see a significant jump up in the target size from there as well. Thank you. If we look a little bit on the conceptual mining study, it suggests that underground mining is technically feasible. What steps remain before an economic study could be done here? Yeah. Well, look, I deliberately haven't done an economic study on this yet. I think my first plan was to demonstrate firstly that it was possible to mine this, and being a mining engineer, that's obviously of interest. The PEA will include an NPV and an IRR, which I know is what everybody's hanging out to see. I had held off initially on doing this mostly because I wanted to demonstrate to the market that it wasn't just a 55 million ton project, that, you know, I wanna get this up to the 200-300 million ton mark. Of course, that's gonna take a couple of years' worth of drilling. I think with the copper price and the silver price the way that they are today, the numbers that I'm looking at internally are really exciting. That's one of the reasons why I'm potentially looking at bringing the PEA forward in time. I'm not gonna put a date on it, yeah, just be aware that we're working on it. As soon as I can get the results out, then I'm gonna be doing that. Thank you. Is the long-term strategy to develop this product yourself, or it's maybe to bring in a partner in a later stage, or what's your thoughts there? Yeah. No, look, another good question. Look, we've got all options open to us. I mean, the team here, we have built projects before, and I'll build projects personally, so I'm perfectly comfortable in taking a mine through to construction and into production. I'm an ex-Boliden mining engineer, having now run a number of their large projects, so I'm quite comfortable in operating up in the Nordics. You know, obviously from the outside looking in, you know, this is a, especially if we can get this up to 200-300 million ton, this is gonna be a world-class size project, and it's gonna be of a huge amount of interest to the big companies. Look, I think that we can do everything from doing it ourselves through to partnering with somebody else, through to potentially selling the project into the future. I guess we'll just see what happens, and we will do the best thing by our shareholders. Thank you. Maybe a question on the financials here. How long do you have a cash runway here, given the exploration plans for 2026? Yeah. Yeah. We have about, I think at last look, around about SEK 16 million in the bank at the moment. We're looking to, yeah, that will last us probably through to the middle of the year, I expect. You know, especially given that we're gonna be starting drilling in the next few weeks. Yeah, you know, we're in a pretty good position with the amount of cash that we have in the bank at the moment. Thank you, and maybe one question to sum it up here. Why should the investor take a closer look at Arctic Minerals as the next potential investment? Yeah. Well, look, it's. I think there's been a quite an obvious shift in the market from a capital rotation away from tech stocks into the resources industry. From my perspective, looking at Europe and the world as a whole, you know, the copper and the silver, these are just absolutely critical to the future of the world. You know, I'm a firm believer that we've already reached peak copper, which means that we can't actually mine the amount of copper that the world requires just to maintain the lifestyle that we all have. Then you throw the electrification of everything into that, you know, it actually concerns me where the copper is gonna come from. You know, given that we've got a potential copper mine here, that's a good position for us, and I think also with silver. You know, we've had five years of deficits in the silver market. That's resulted in the silver price growing from sort of $28 per ounce this time last year to around $90 today, and then we got up to $120 at one stage. That's just symptomatic of the fact that it's very hard to get hold of these metals today. If you're looking to leverage into exposure to the copper and silver market, in a company where really we haven't had a run on our share price yet because we're still quite early days, but we're trying to demonstrate the value in our projects. The leverage to these metals going forward is immense. Thank you so much for your presentation here, Peter, and thank you for your earnings tour at Aktiedagen. It was nice to have you. Thank you very much. Thanks for your time.