Corporate governance is a set of tools consisting of applicable rules, regulations and processes by which companies are operated, regulated and controlled in order to ensure that they are run in the best interest of the shareholders and in accordance with applicable laws and regulations.
Corporate governance is exercised through structures of decision making and control functions. An important element of good corporate governance is providing the shareholders and the capital market with relevant and accurate information.
Prospectus and Company Description
Board Of Directors
Tomas Olofsson
Board Member and chairman since May 2017
(Alternate director 2014 – 2016)
Born: 1968
Other assignments: Managing director of Lemont AB, owner, partner and board member of Ludvika Holding AB, Grytänge Invest AB, Matojo AB, Fastighets AB Morgårdshammar, Datorama AB, Abacus Sales AB, A. Rentall AB and Mecapto AB plus Svanströms Lackeringar AB, Rondic Invest AB.
Background: Thomas Olofsson is an entrepreneur with 20 years of experience from the engineering industry. He has built and developed a number of industrial, staffing and real estate companies.
Independent form the company and its management but not from major shareholders.
Holdings in the Company: 4,453,483 shares (incl. corporate holdings).
Jonas Bengtsson
Board Member since 2011
Born: 1969
Education: MBA, Stockholm University.
Other assignments: Board member of Bengtssons Tidnings AB with subsidiaries, Zensum AB, Jonas Bengtsson Invest AB with subsidiaries and Svenska Nyttobostäder AB with subsidiaries.
Background: Jonas Bengtsson is a partner at BTAB Invest and has 15 years experience in the financial sector and the development of small and medium-sized industrial and property companies.
Independent form the company and its management but not from major shareholders.
Holdings in the Company: 524,105 shares directly and 7,799,238 shares through corporate holdings.
Timo Lindborg
Board Member since 2019
Born: 1955
Education: Doctor of Technology, Master of Science in Engineering and Bachelor of Science in Geology. Adjunct Professor at Oulu University: Business Processes in the Mining Industry.
Other assignments: Timo Lindborg is an independant consultant and managing director of Arkkitehti- ja ympäristösuunnittelu Hentilä & Lindborg Oy
Background: More than 35 years experience from mining projects and Nordic companies including being managing director of Endomines AB (publ), Endomines Oy and Kalvinit Oy.
Independent form the company and its management amd large shareholders.
Holdings in the Company: 26 500 shares indirectly
Gösta Bergman
Board Member since August 2018
Born: 1950
Education: LL.B. from StockholmUniversity
Other assignments: Chairman of the Board in OptiMobile AB and owner of Advokatfirman Bergman & Partners AB
Background: Business Lawyer since 1978 with experience from companies including Ericsson, Unisys, Ovako Steel and as chairman of the board of Grängesberg Iron AB.
Independent form the company and its management and from major shareholders.
Holdings in the Company: –
Management
Ronne Hamerslag
Chief Executive Officer since july 2022
Born: 1969
Education: M.Sc in Metallurgy and Materials Technology, Royal Institute of Technology (KTH), Stockholm
Background: Ronne has previously held a managerial roles within Boliden’s raw materials supply and the procurement organization. Prior to that, he has held a number of operational and business leadership roles in international operations. Ronne also has experience from several start-up companies and board positions.
Other assignments: Board Member of the subsidiary Ludvika Gruvor AB. Board Member Mahvie Minerals AB
Holdings in the Company: –
Hans Thorshag
Technical director since 2011
Born:1950
Education: Mining Engineer, Royal Institute of Technology (Kungliga Tekniska högskolan), Stockholm, Sweden
Background: Hans Thorshag has more than 37 years’ experience from the mining industry as a project manager, production manager and mining specialist at companies such as LKAB, Boliden, Midroc Gold and Lundin Mining. Also, he is nominated Qualified Person in accordance with SveMin’s regulatory framework.
Other assignments: Board member of HT Mineral AB and partner in Mining and Milling in Bergslagen Handelsbolag.
Holdings in the Company: 14 000 shares.
Paul Marsden
Technical and Marketing advisor since 2011
Born: 1957
Education: Bachelor of Science in geology, Aston University, Birmingham, UK, Chartered Engineer (C Eng) and Chartered Scientist (CSci).
Background: Paul Marsden has over 35 years’ experience in the development of iron ore and steel industry projects globally and has, in recent years, held various executive positions at NIO and Northland Resources SA, most recently as Technical Sales and Marketing Director at NIO and VP Business Development at NAUR. Prior to this, Paul Marsden was engaged as a consultant in the international mining, iron and steel industries, including nearly 27 years with Corus Consulting (formerly British Steel Consultants Ltd). Paul Marsden’s last position at Corus Consulting was as project director which included, among other things, responsibility for managing industry development projects and feasibility studies. Paul’s expertise is in mineral processing, alternative iron-making processes and global iron ore markets. Paul Marsden is nominated a Qualified Person in accordance with the Institute of Metals, Minerals and Mining (IOM3) and its regulatory framework.
Other assignments: No other assignments.
Innehav i bolaget: 17 740 Shares.