Endomines gold production Q2/2015 and revised production guidance for full-year production

Endomines AB publishes its second quarter 2015 (ending June 30, 2015) production
results for its Pampalo Operations in Eastern Finland. The operation produced
126.6 kg (4,069 oz.) of gold during the second quarter 2015.

Key Production Results by quarter:

+--------------------------+-------+-------+------+------+------+------+
|                          |  2 014|  2 014| 2 014| 2 014| 2 015| 2 015|
+--------------------------+-------+-------+------+------+------+------+
|                          |     Q1|     Q2|    Q3|    Q4|    Q1|    Q2|
+--------------------------+-------+-------+------+------+------+------+
|Milled ore (tonnes)       |107,866|104,688|95,583|87,205|76,089|85,738|
+--------------------------+-------+-------+------+------+------+------+
|Head grade (Au gram/tonne)|    2.0|    2.3|   2.7|   2.4|   2.1|   1.9|
+--------------------------+-------+-------+------+------+------+------+
|Gold recovery (%)         |   81.6|   80.3|  81.6|  82.9|  83.8|  83.9|
+--------------------------+-------+-------+------+------+------+------+
|Hourly utilization (%)    |   94.6|   95.7|  93.7|  89.8|  82.8|  87.2|
+--------------------------+-------+-------+------+------+------+------+
|Gold production (kg)      |  176.0|  195.7| 210.9| 179.3| 131.3| 126.6|
+--------------------------+-------+-------+------+------+------+------+
|Gold production (oz)      |  5,659|  6,292| 6,781| 5,765| 4,221| 4,069|
+--------------------------+-------+-------+------+------+------+------+
|LTIFR (12 months rolling) |     11|     16|    23|    24|    25|    10|
+--------------------------+-------+-------+------+------+------+------+

Footnotes for Production figures[1] / LTIFR[2]

The gold recovery was on the target level. A lower head grade from the Pampalo
underground operation is the main reason for below the expectation gold
production. The milled tonnage was also below the target.

The Company informs that the revised production guidance for 2015 is around 550
-600 kg of gold as compared to the earlier communicated guidance of 700 kg of
gold. The production guidance for the second half of year 2015 is based on an
updated production plan.

For further information, please contact:
Markus Ekberg
CEO of Endomines AB
tel. +358 40 706 48 50

Or visit the Company´s home page: www.endomines.com

Endomines AB discloses the information provided herein pursuant to the Swedish
Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The
information was submitted for publication at 17:35 CET on July 3, 2015.

About Endomines:
Endomines conducts exploration and mining business along the 40 kilometer long
Karelian Gold Line. Through various regulatory approvals, Endomines controls the
exploration rights to this entire area.

The Company’s first mine, Pampalo, started in February 2011. During 2014,
Endomines initiated the production of ore from the mine in Rämepuro and is
planning to start mining of the gold deposit in Hosko. The ore from satellite
mines will be processed in the centrally located mill at Pampalo.

The Company’s business practices and mining operations are based on sustainable
principles and on minimizing the impact on the environment.

Endomines applies SveMin's & FinnMin's respective rules for reporting for public
mining & exploration companies. The Company has chosen to report mineral
resources and ore reserves according to the JORC-code, which is the
internationally accepted Australasian code for reporting ore reserves and
mineral resources.

Endomines vision is to participate in the future structural transformation and
consolidation of the Nordic mining industry. The Company may therefore be
involved in acquisitions of interesting deposits or companies, should such
opportunities arise.

The shares of Endomines AB are quoted on NASDAQ Stockholm under ticker ENDO and
on NASDAQ Helsinki under ticker ENDOM. The Liquidity Provider in both Stockholm
and Helsinki is Erik Penser Bankaktiebolag.

This news release may contain forward-looking statements, which address future
events and conditions, which are subject to various risks and uncertainties. The
Company's actual results, programs and financial position could differ
materially from those anticipated in such forward-looking statements as a result
of numerous factors, some of which may be beyond the Company's control. These
factors include: the availability of funds; the timing and content of work
programs; results of exploration activities and development of mineral
properties, the interpretation of drilling results and other geological data,
the uncertainties of resource and reserve estimations, receipt and security of
mineral property titles; project cost overruns or unanticipated costs and
expenses, fluctuations in metal prices; currency fluctuations; and general
market and industry conditions.

Forward-looking statements are based on the expectations and opinions of the
Company's management on the date the statements are made. The assumptions used
in the preparation of such statements, although considered reasonable at the
time of preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking.

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[1] Production figures for the last quarter are based on company own assaying
and not confirmed by any external laboratory. Figures are individually rounded
off.

[2] LTIFR = The Lost Time Injury Frequency Rate is based on reported lost time
injuries on a rolling 12-month bases resulting in one day/shift or more off work
per 1,000,000 hours worked. LTIFR has been calculated for the whole company
including contractors