Nordic Mining ASA — Director's Dealing 2014

Nov 27, 2014

Mandatory notification of trade

Mandatory notification of trade

Reference is made to stock exchange release 18 November 2014 in connection with

the completed Rights Issue in Nordic Mining on 14 November 2014. The allocation

of shares in the Rights Issue to Tarmo Tuominen, chairman of the board was

informed on a preliminary basis.

The exact number of allocated shares to Tarmo Tuominen has now been informed

from the Finnish account controller. Mr. Tuominen has been allocated in total

22,964 shares in the Rights Issue. All shares have been purchased at a price of

NOK 0.60 per share. Tarmo Tuominen's new shareholding is 100,641 shares.

For further information please contact CFO Lars K. Grøndahl, telephone +47 901

60 941.

Oslo, 27 November 2014

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 a high international standard and holds a

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

region.

Through the subsidiary Nordic Rutile AS Nordic Mining is undertaking large-scale

project development at Engebøfjellet in Sogn and Fjordane where the Company has

rights to a substantial eclogite deposit with rutile and garnet. Nordic Mining

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

Hordaland and develops the project through its subsidiary Nordic Quartz AS.

Nordic Mining's associated company Keliber Oy in Finland plans to start mining

of lithium bearing spodumene and production of lithium carbonate. Nordic Mining

holds exploration rights in the Øksfjord region in Troms and Finnmark where the

Company has discovered a prospective area of sulphide mineralisation. Through

the subsidiary Nordic Ocean Resources AS, Nordic Mining is exploring

opportunities related to seabed mineral resources.

Nordic Mining is listed on Oslo Axess.