N.B. The English text is an unofficial translation.
§1 Name of the company
The name of the company is Bluelake Mineral AB (publ).
§2 Registered office of the board of directors
The board of directors shall have its registered office in Stockholm.
§3 Object of the company's activities
The company shall by itself, through subsidiaries or through cooperation with others mainly prospect after and exploit georesources with a special focus on ores, minerals and hydrocarbons. The company may also trade with concessions and rights in the raw materials industry as well as conduct activities compatible therewith.
§4 Share capital
The share capital shall be not less than SEK 4,000,000 and not more than SEK 16,000,000.
§5 Number of shares
The number of shares shall be not less than 40,000,000 and not more than 160,000,000.
§6 Board of Directors
The board of directors shall consist of not less than 3 and not more than 7 members with not more than 7 deputy members.
A registered auditing company or 1-2 auditors shall be appointed to examine the company's annual report and the accounts as well as the management by the board of directors and the managing director.
§8 Notice to general meeting
Notice to attend a general meeting shall take place through an announcement in the Swedish Official Gazette (Sw. Post- och Inrikes Tidningar) and on the company's website. An announcement shall also me made in Svenska Dagbladet that a notice to attend has taken place.
§9 Pre-registration for participation at general meeting
Shareholders who wish to participate at general meetings must be listed as a shareholder in a printout or other presentation of the share register on the day specified in the Swedish Companies Act as well as give notice to the company on the date specified in the notice to the general meeting of their intention to participate as well as the number of accompanying assistants (a maximum of 2). Such day may not be a Sunday, other public holiday, Saturday, Midsummer's Eve, Christmas Eve or New Year's Eve and may not occur earlier than the fifth weekday prior to the general meeting.
§10 CSD clause
The shares of the company shall be registered in a CSD register in accordance with the Central Securities Depositaries and Financial Instruments Accounts Act (Sw. lagen (1998:1479) om värdepapperscentraler och kontoföring av finansiella instrument).
§11 Annual General Meeting
An annual general meeting shall be held within six (6) months of the expiry of each financial year. The following matters shall be addressed at the annual general meeting:
§12 Financial year
The company's financial year shall be 0101-1231.