Northland to Resume Operations

LUXEMBURG, LUXEMBURG -- (Marketwired) -- 06/04/13 -- Northland Resources S.A. (OSLO: NAUR)(FRANKFURT: NPK)(OMX: NAURo) (together with its subsidiaries, "Northland" or "the Company") announces that following the recently announced approval of the Bondholders regarding the long term financial solution for Northland, the Board of Northland decided to resume operations at 13:00 today.

Northland announced earlier today that the proposed resolution obtained 75.29% of the votes in respect of the 13% bonds and 100% of the votes in respect of the 12.25% bonds. The proposal was consequently adopted in accordance with the voting requirements of the Bond Agreement for both bonds. Subsequently, Norsk Tillitsmann ("the Bondholder Trustee") has decided to withdraw the acceleration and enforced bank account pledge effective since 24 May 2013, whereby the Group has regained full access to its funds in bank accounts. Since the Group by today's resolutions has secured long-term financing for its operations, as well as immediate disposal of funds required for short-term use, The Board of Directors has decided to rescind the previously adopted moratorium on purchases of goods and services of May 24 and to resume the operations of the Group.

Karl-Axel Waplan, President & CEO, Northland Resources S.A.

Northland is a producer of iron ore concentrate, with a portfolio of production, development and exploration mines and projects in northern Sweden and Finland. The first construction phase of the Kaunisvaara project is complete and production ramp-up started in November 2012. The Company produces high-grade, high-quality magnetite iron concentrate in Kaunisvaara, Sweden, where the Company will exploit two magnetite iron ore deposits, Tapuli and Sahavaara. Northland has entered into off-take contracts with three partners for the entire production from the Kaunisvaara project over the next seven to ten years. The Company is also preparing a Definitive Feasibility Study ("DFS") for its Hannukainen Iron Oxide Copper Gold ("IOCG") project in Kolari, northern Finland and for the Pellivuoma deposit, which is located 15 km from the Kaunisvaara processing plant.

Forward-Looking Information

This announcement may include "forward-looking" information within the meaning of applicable securities laws. This forward-looking information can be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative, or other variations or comparable terminology. This forward-looking information includes all matters that are expectations concerning, among other things, Northland's ability to meet its continuous disclosure and MCTO obligations, the likelihood of Northland rectify its default under Canadian Securities laws, Northland's results of operations, financial condition, liquidity, prospects, growth, strategies and the industry in which it operates. By their nature, forward-looking information involves risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Readers are cautioned that forward-looking information is not a guarantee of future performance and that Northland's actual results of operations, financial condition and liquidity, and the development of the industry in which it operates may differ materially from those made in or suggested by the forward-looking information contained in this press release. In addition, even if Northland's results of operations, financial condition and liquidity, and the development of the industry in which Northland operates are consistent with the forward-looking information contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.

Contacts:

Northland Resources S.A.

Karl-Axel Waplan

President and CEO

+46 705 104 239


Northland Resources S.A.

Eva Kaijser

CFO

+46 709 320 901


Northland Resources S.A.

Petter Brunnberg

Investor Relations

+46 727 244 109
www.northland.eu