Axactor SE

Share Issue/Capital Change • Nov 4, 2014

NMG: Trading period for subscription rights will end today at 16:30 CET

NMG: Trading period for subscription rights will end today at 16:30 CET

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART

DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES

Reference is made to the stock exchange announcement by Nickel Mountain

Group AB (the "Company") on 21 October 2014 regarding approved

prospectus and commencement of the subscription period in the NOK 68

million Rights Issue.

The trading period for the subscription rights will end today, 4

November 2014 at 16:30 CET.

Any subscription right not sold prior to 16:30 CET today, 4 November

2014, or used to subscribe for New Shares in the Rights Issue prior to

16:30 CET on 6 November 2014 will lapse and cease to carry any value.

The Rights Issue is managed by Carnegie AS.

The Prospectus together with the Subscription Form is available at

www.nickelmountain.se and www.carnegie.no, and is also available free of

charge at the business offices of the Company and Carnegie. Norwegian

investors with a VPS account can in addition subscribe for New Shares

online at www.carnegie.no.

This information is subject of the disclosure requirements pursuant to

section 5-12 of the Norwegian Securities Trading Act.

Important information:

The release is not for publication or distribution, in whole or in part

directly or indirectly, in or into Australia, Canada, Japan or the

United States (including its territories and possessions, any state of

the United States and the District of Columbia).

This release is an announcement issued pursuant to legal information

obligations, and is subject of the disclosure requirements pursuant to

section 5-12 of the Norwegian Securities Trading Act. It is issued for

information purposes only, and does not constitute or form part of any

offer or solicitation to purchase or subscribe for securities, in the

United States or in any other jurisdiction. The securities mentioned

herein have not been, and will not be, registered under the United

States Securities Act of 1933, as amended (the "Securities Act"). The

securities may not be offered or sold in the United States except

pursuant to an exemption from the registration requirements of the

Securities Act. The Company does not intend to register any portion of

the offering of the securities in the United States or to conduct a

public offering of the securities in the United States. Copies of this

announcement are not being made and may not be distributed or sent into

Australia, Canada, Japan or the United States. The subscription or

purchase of shares in the Company is subject to specific legal or

regulatory restrictions in certain jurisdictions. Neither the Company

nor the Manager assumes any responsibility in the event there is a

violation by any person of such restrictions.

The distribution of this release may in certain jurisdictions be

restricted by law. Persons into whose possession this release comes

should inform themselves about and observe any such restrictions. Any

failure to comply with these restrictions may constitute a violation of

the securities laws of any such jurisdiction. The Manager is acting for

the Company and no one else in connection with the Rights Issue and will

not be responsible to anyone other than the Company for providing the

protections afforded to their respective clients or for providing advice

in relation to any other matter referred to in this release.

Forward-looking statements:

This release and any materials distributed in connection with this

release may contain certain forward-looking statements. By their nature,

forward-looking statements involve risk and uncertainty because they

reflect the Company's current expectations and assumptions as to future

events and circumstances that may not prove accurate. A number of

material factors could cause actual results and developments to differ

materially from those expressed or implied by these forward-looking

statements.

For and on behalf of the Board of Directors of Nickel Mountain Group AB:

Torbjörn Ranta

Managing Director

For more information, please contact:

Torbjörn Ranta

Managing Director

Tel: +46 8 402 28 00

Mobile: +46 708 855504

E-mail: torbjorn.ranta@nickelmountain.se