NunaMinerals A/S - Bankruptcy Update

Nuuk, 13 October 2016 Announcement No. 24/2016 Page 1 of 1

NunaMinerals A/S ("NUNA") ("NunaMinerals" or the "Company") announces that on 26 September 2016 the High Court of Greenland has annulled the earlier bankruptcy ruling made in the District Court.

However, the Company is still waiting for further information from the Courts on the conditions associated with the High Court ruling.

Once we understand these conditions and their implications we will be in a position to make further announcements to the market.

For additional information, please contact: Chris Williams, Chairman, e-mailcw@nunaglobal.comor Ross Iannello, CEO, e-mailri@nunaglobal.com ABOUT NUNAMINERALS A/S: The company is listed at NASDAQ OMX Copenhagen A/S under the symbol "NUNA" (Copenhagen: NUNA.CO). For more information, please visit our website: www.nunaminerals.com.

NunaMinerals A/S published this content on 25 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 October 2016 16:55:08 UTC.

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