Subarctic Exploration Group a. s. is intensely engaged in expanding its projects to the less-explored locations in Scandinavian countries. For several years now, we have been monitoring opportunities to explore areas of interest in Iceland, Norway, Sweden and Finland.

Scandinavia offers many advantages for our investments. Among other things there are:

• Transparent licensing policy
• Political stability and security
• High protection of private investments
• Low cost for own geological survey

Many years of our efforts has brought the specific result: In 2019, we started two new geological survey projects in Norway focused on industrial minerals.

In 2019 our company started also some projects in Iceland aimed on using fresh glacial water and high-temperature underground thermal water resources.

New projects are also being prepared in Finland and Sweden.