Nordic Mining ASA — AGM Information 2018

Nov 1, 2018

Rights Issue resolved by the extraordinary general meeting

Rights Issue resolved by the extraordinary general meeting

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

INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES (OR ANY OTHER

JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE

UNLAWFUL). THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE

SECURITIES DESCRIBED HEREIN.

The extraordinary general meeting in Nordic Mining ASA (the "Company") was held

today, Thursday 1 November 2018. All items for consideration were approved. The

minutes of the extraordinary general meeting is enclosed to this notice in

Norwegian and in English translation.

The extraordinary general meeting resolved the proposed rights issue (the

"Rights Issue") of up to 17,391,304 new shares in the Company as announced on 11

October 2018. Further terms and conditions for the Rights Issue will be detailed

in a prospectus to be published following approval of such prospectus by the

Norwegian Financial Supervisory Authority. Publication of the prospectus is

expected to be on or about 6 November 2018.

The shares in Nordic Mining ASA will trade ex preferential right to participate

in the Rights Issue as from tomorrow, 2 November 2018.

For further information please contact Birte Norheim, CFO, telephone +47 95 29

33 21.

Oslo, 1 November 2018

Nordic Mining ASA (www.nordicmining.com)

Nordic Mining ASA ("Nordic Mining" or "the Company") is a resource company with

focus on high-end industrial minerals and metals in Norway and internationally.

The Company's project portfolio is of high international standard and holds a

significant economic potential. The Company's assets are in the Nordic region.

Nordic Mining is undertaking a large-scale project development at Engebø on the

west coast of Norway where the Company has rights and permits to a substantial

eclogite deposit with rutile and garnet. Permits for the project have been

granted by the Norwegian government. The definitive feasibility study was

initiated directly following completion of the prefeasibility study in October

2017. Nordic Mining's associated company Keliber completed the definitive

feasibility study for its lithium project in Finland in June 2018. Nordic Mining

has rights for exploration and production of high-purity quartz in Kvinnherad in

Norway. Further, the Company holds exploration rights at Reinfjord in northern

Norway where a prospective area of sulphide mineralisation has been discovered.

Nordic Mining is also exploring opportunities related to seabed mineral

resources.

Nordic Mining is listed on Oslo Axess with ticker symbol "NOM".