Nordic Mining ASA

Board/Management Information • Aug 22, 2023

Recruitment of Group management; new Chief Financial Officer

Nordic Mining has appointed Jens Gisle Schnelle as new Chief Financial Officer (CFO), effective from 15 October 2023.

Mr. Schnelle has broad managerial and international finance experience. Mr. Schnelle comes to NOM from former Oslo-listed shipping group Team Tankers International Ltd., where he served as CFO and has been responsible for strategic initiatives, financing, and mergers and acquisitions during his tenure. Prior to that, Mr. Schnelle was Finance Manager at Eitzen Chemical ASA.

CEO Ivar S. Fossum comments: "I am pleased to welcome Jens to our team. He has highly relevant experience for our transformation to a significant producer of industrial minerals from Engebø and future assets."

For further information please contact CEO Ivar S. Fossum, telephone +47 93096850.

Oslo, 23 August 2023 Nordic Mining ASA

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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 construction project at Engebø on the west coast of Norway where the Company has rights and permits to a substantial eclogite deposit with rutile and garnet.

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.

Nordic Mining is listed on Euronext Expand with ticker symbol "NOM".