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Nordic Iron Ore Interim January - September 2021 Q3 Interim Report January - September 2021 Corporate Identity Number 556756-0940 Nordic Iron Ore Significant events during the third quarter 2021 A cooperation agreement was signed with ABB . A short - term loan facility amounting to SEK 10.5 million was extended to the year end . The board decided upon a set off issue of shares against short term loans Third quarter , 1 July - 30 September 2021 Income amounted to SEK 0 million ( 0 ) Earnings after tax amounted to SEK - 1.9 million ( -2.4 ) Investments in the period July - September totalled SEK 0.7 million ( 1.5 ) • • Basic earnings per share were SEK -0.06 ( -0.08 ) Interim period , 1 January - 30 September 2021 • Income amounted to SEK 0 million ( 0 ) Earnings after tax amounted to SEK -6.8 million ( -6.9 ) Investments in the period July - September totalled SEK 1.7 million ( 2.4 ) • Basic earnings per share were SEK -0.21 ( -0.23 ) Cash and cash equivalents on 30 September 2021 amounted to SEK 2.1 million ( 8.1 ) Significant events after the end of the period • The decided set - off issue increases the number of shares by 3,552,062 . The short - term loan facility will be extended until the end of the first half of 2022 . The Board begins to seek a successor to the CEO . Key ratios ( Group ) Amount in SEK Equity ratio ( % ) Earnings per share Equity per share Quick ratio ( % ) No. of shares 2021 July - Sep 2020 July - Sep 2021 Jan - Sep 2020 Jan - Sep 2020 Jan - Dec 89.00 % 92.03 % 89.00 % 92.03 % 93.23 % -0.06 -0.08 -0.21 -0.23 -0.29 4.37 4.80 4.37 4.80 4.58 16.62 % 81.43 % 16.62 % 81.43 % 64.06 % 33 582 993 31 255 304 33 582 993 31 255 304 33 582 993 Nordic Iron Ore AB is a mining development company that aims to resume and develop iron ore production at Ludvika Mines in Blötberget and Håksberg . The Company has all the essential permits in place , which will enable it to produce iron ore of extremely high quality from significant mineral resources . 1