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Nordic Mining ASA Board/Management Information 2020

Mar 17, 2020

3678_rns_2020-03-17_6be06333-491d-4d69-aafa-de25e83f209d.html

Board/Management Information

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Strengthening of Group management; new Chief Financial Officer

Strengthening of Group management; new Chief Financial Officer

Nordic Mining has appointed new Chief Financial Officer to strengthen its

financial operations going forward.

Nordic Mining has appointed Christian Gjerde as new Chief Financial Officer

(CFO), effective from 1 August 2020.

Mr. Gjerde has broad managerial finance experience from NorgesGruppen ASA,

Telenor ASA, and Yara International ASA where he heads the finance and

investments function for Yara's mining division. He has extensive experience

from international financial markets and project financing, as well as

experience from financial management of large-scale mining projects and

operations in Brazil, Ethiopia and Finland. Mr. Gjerde has a Master of

Professional Accounting from Griffith University in Australia.

Senior advisor Lars K. Grøndahl will act as CFO until Gjerde 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 Christian to our team. He

has highly relevant experiences for the transitional work-flow to realize the

substantial values of Engebø rutile and garnet project."

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

Oslo, 17 March 2020

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. The Company's project

portfolio is of high international standard and holds 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. Nordic Mining also holds 18.5% of the

shares in Keliber Oy, which is developing a lithium project in Finland to become

the first European producer of battery grade lithium hydroxide.

In addition, Nordic Mining holds interests in other initiatives at various

stages of development. This includes patented rights for a new technology for

production of alumina and exploration of seabed minerals.

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