Sydvaranger continues to build on the cooperation we have established with the local emergency services.

GRAND RAPIDS, MN, January 14, 2021 – Tacora Resources Inc. (“Tacora” or the “Company”) today announced that it has completed the acquisition of Sydvaranger Mining AS and its subsidiaries (“Sydvaranger”), an iron ore mine and processing plant located in Sør-Varanger, Norway. The acquisition of Sydvaranger provides Tacora with a 4 million tonne per year shovel-ready expansion opportunity and geographical diversification in a tier 1 jurisdiction.

It is with grateful hearts and minds the SYD-Team has been allowed to contribute to this, and our hope is for the local community to stay strong and supportive of each other. We hope you all enjoy the advent, and a merry Christmas to each and every one of you from each and every one of us.🤶🎅☃️🎄

#sydvaranger #cooperation #safety #keepingourkidssafe‍

Sydvaranger has entered into a cooperation with the local emergency services, aiming at strengthening the safety not only for our employees, but also for all emergency service personnel.

This week, the Board of Sydvaranger received, with sincere regret, the resignation of its Chief Executive Officer, Antony Heitmann Beckmand. Tony joined the Company in June 2016, continuing his journey with the Sydvaranger project which originally commenced in October 2008.

It was a pleasure for Sydvaranger to be allowed to be present as well as cooperate with Norske Redningshunder on this event, a cooperation we hope will continue in the years to come.‍