Arctic Minerals Adopts Articles of Association
Arctic Minerals AB has adopted its articles of association, approved at an extraordinary general meeting on November 17, 2022. The company's operations focus on diamond, metal, and industrial mineral extraction.
Arctic Minerals AB has finalized its articles of association, following approval at an extraordinary general meeting held on November 17, 2022. The updated document outlines the company's operational framework and governance.
The company's stated business activities encompass prospecting and mining for diamonds, metals, and industrial minerals, along with related activities. Arctic Minerals AB is registered in Stockholm, with provisions for general meetings to be held in Stockholm or Östersund.
According to the articles, the company's share capital must be between a minimum of SEK 600,000 and a maximum of SEK 2,400,000. The total number of shares is set between 150,000,000 and 600,000,000.
The board of directors is to comprise between three and seven members. Board members and auditors are elected annually. The company's fiscal year aligns with the calendar year.