Nordic Mining ASA — Board/Management Information 2018

Mar 19, 2018

Strengthening of group management: New Chief Financial Officer

Strengthening of group management: New Chief Financial Officer

Nordic Mining expands its management and has appointed new Chief Financial

Officer to strengthen its financial operations going forward.

Nordic Mining has appointed Birte Norheim as new Chief Financial Officer (CFO)

effective from 1 August 2018. Norheim has broad management experience from

various companies in the oil and gas sector. Her background includes positions

as Chief Accountant and Financial Analyst in M-I Swaco, Group Controller and VP

Finance in Sevan Marine ASA and Finance Director and CEO in Njord Gas

Infrastructure AS. She has extensive experience from international capital

markets as well as financial strategy and management. Norheim has a Bachelor in

Business Management and a Master in Applied Finance from Queensland University

of Technology, Australia.

Current CFO Lars K. Grøndahl will continue in his position until Norheim takes

office and will continue in the group management team with special focus on

strategic financial planning.

CEO Ivar S. Fossum comments: "I am pleased to welcome Birte Norheim to our team.

She has highly relevant experiences for the transitional challenges to realise

the substantial values of Engebø rutile and garnet project. I am also pleased

that Lars K. Grøndahl will continue and contribute to the natural succession."

For further information please contact CEO Ivar S. Fossum, telephone +47

Oslo, 19 March 2018

Nordic Mining ASA

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, and a prefeasibility study was completed in

October 2017. Nordic Mining's associated company Keliber in Finland is in the

process of completing its definitive feasibility study and preparing for

production of lithium carbonate. 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".