Nordic Mining ASA - Director's Dealing 2016

Option agreement with primary insider

An option agreement has today been awarded to Thomas B. Addison who took up the

position as managing director of Nordic Rutile AS on 1 February 2016. Thomas B.

Addison is a primary insider in Nordic Mining ASA ("Nordic Mining").

Addison has been awarded 2 000 000 options at a price of NOK 0.90 per share. One

option can be converted into one share in Nordic Mining. All options are fully

vested on award and valid till 18 May 2016. Addison does not own shares in

Nordic Mining.

Nordic Mining's current incentive program for leading employees and qualified

resource persons was approved in the General Meeting on 27 May 2014. The Board

of Directors was authorised to award options that in total give the right to

subscribe for up to 14 million new shares in Nordic Mining. Further, the Board

was authorised to determine the subscription price with a minimum subscription

price similar to the closing price of the Nordic Mining share on 27 May 2014.

The closing price on 27 May 2014 was NOK 0.90 per share.

Subsequent of the new agreement, 12 750 000 options have been awarded to leading

employees and resource persons.

For questions please contact CFO Lars K. Grøndahl, telephone +47 901 60 941.

Oslo, 18 February 2016

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.

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

project development at Engebø in Sogn and Fjordane where the Company has rights

to a substantial eclogite deposit with rutile and garnet. Permits for the

project were granted by the Norwegian government in April 2015. 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 on the Øksfjord Peninsula 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.

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