HISTORY

Tricorona has a relatively long history as a quoted company. The company was established in 1988 and was quoted on the Stockholm Stock Exchange’s O-list as early as 1989 under the name Wermlands Guldbrytning. At that time, the company’s operations were targeted at exploration and the exploitation of gold deposits. The mining of a small gold deposit in the Dalsland region of Sweden was launched at the beginning of the 1990s and continued for almost a year.

From 1993, the operation came to focus on the exploitation of industrial minerals. In 1996, the subsidiary company Woxna Graphite commenced the mining and dressing of graphite ore in the Kringelgruvan mine in Hälsingland Province. Profitability could not be achieved due to the depressed prices on the world market, and in 2002 operations in the mine were discontinued until further notice.

In order to provide Tricorona’s shareholders with a dividend during the period that the rest of the operation was being built up, two metal exploration projects – Svenska Koppar (now Netrevelation) and Riddarhyttan Resources – were transferred to separate companies in 1996 and 1997 respectively, which were then quoted.

During 2003, it was decided that Tricorona should be restructured. The companies M.V. Metallvärden, Svenska Metall Börsen (SMB) and SKM were acquired. During 2005 Tricorona acquired ANA Ädelmetall, a leading company within recovery of scrap precious metal. The company’s operations were also divided up into three divisions in 2005: Metals, Commodity Services and Minerals.

During the spring of 2006, the company implemented a major targeted and preferential share issue for a total of MSEK 241, before deductions for issue-related costs. The share issues were fully subscribed. These share issues were conducted with the aim of financing the venture regarding investments and trading in project-related emissions credits.

Later in 2006 the company decided to focus it's business to invest in and tradeenviromentally related market instruments. That also meant that the Metals and Mineral divisions was considered non-strategic. Two new divisions was formed, Brokerage and Emissions Trading.

• 1989 The company was quoted on the Stockholm Stock Exchange’s O-list under the name Wermlands Guldbrytning.
• 1993 New focus on the exploitation of industrial minerals.
• 1996 Mining and dressing of graphite ore was launched at the Kringelgruvan mine in Hälsingland.
• 1997 The metal exploration projects Svenska Koppar and Riddarhyttan Resources were transferred to separate companies.
• 2003 Acquisition of M.V. Metallvärden, SMB and SKM.
• 2005 The operation was divided into three divisions.
• 2006 A preferential and targeted emission was conducted with the aim of financing the venture regarding investments and trading in project-related carbon credits.
• 2008 the company stated a record high profit after tax of MSEK 195 after delivery of 3.7 million CERs from it's portfolio