Interim report
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COPPERSTONE RESOURCES Kiruna , August 19 , 2021 INTERIM REPORT APRIL -JUNE 2021 APRIL - JUNE 2021 • Result of the period amounted to -3,603 ( -391 ) KSEK . • • • Earnings per share was 0.00 ( 0.00 ) SEK . Capitalized exploration assets at the end of the period amounted to 379,441 ( 316,500 ) KSEK . Shareholders ' equity at the end of the period increased by 90 % to 547,711 ( 287,609 ) KSEK . The cash flow during the period was 69,523 ( 8,566 ) KSEK . • The liquidity at the end of the period was 185,384 ( 19,283 ) KSEK . JANUARY - JUNE 2021 • Result of the period amounted to -8,705 ( -2,065 ) KSEK . Earnings per share was -0.01 ( -0.02 ) SEK . • • Total assets at the end of the period were 571,470 ( 340,308 ) KSEK . The cash flow during the period was 184,432 ( 185 ) KSEK . SIGNIFICANT EVENTS DURING THE PERIOD • Copperstone completes a directed issue of shares and received proceeds of 96 MSEK . • Copperstone appoints Marcello Imaña as Chief Geologist . • • • Copperstone Resources open invitation to consultation meetings on the reopening of the Viscaria mine . Copperstone appoints Anna Tyni as new CEO . Change of ownership among Copperstone's largest owners , with Sunstone Metals Ltd reducing its holding and JOHECO and RoosGruppen AB increasing their holding in the company . Copperstone opens the gates to the Viscaria mine in Kiruna after 25 years , for further environmental studies . • Norrlandsfonden supports Copperstone Resources with a further 8.46 MSEK . SIGNIFICANT EVENTS AFTER THE PERIOD • Copperstone's exploitation concession Viscaria k no . 7 confirmed by the Swedish Government . " The past quarter has been filled with positive and exciting news for Copperstone , with the opening of the gates to the old Viscaria mine , the initiated open consultation process as well as the government's final decision to grant the exploitation concession Viscaria k no.7 . We have also continued to expand our competent team in Kiruna and the last two recruitments are key to the opening of a sustainable , efficient and high - tech mine . " , comments CEO Anna Tyni . Copperstone Resources AB Org . nr 556704-4168 Q2 2021 1