Nordic Mining ASA — Director's Dealing 2018

Jan 30, 2018

Allocation of shares to primary insiders in the Subsequent Offering

Allocation of shares to primary insiders in the Subsequent Offering

Reference is made to stock exchange release earlier today regarding the

completed Subsequent Offering in Nordic Mining.

Below is an overview of allocation of shares to primary insiders in the

Subsequent Offering:

+---------------+--------------------------+----------------+

|Name/position  |Number of shares allocated|New shareholding|

| |in the Subsequent Offering| |

+---------------+--------------------------+----------------+

|Tarmo Tuominen,|2,992 |93,216 |

|Chairman 1)  | | |

+---------------+--------------------------+----------------+

|Mari Thjømøe, |6,393 |137,190 |

|Board Member | | |

|2)  | | |

+---------------+--------------------------+----------------+

|Ivar S. Fossum,|21,373 |458,555 |

|CEO | | |

+---------------+--------------------------+----------------+

|Lars K. |50,000 |1,350,000 |

|Grøndahl, CFO | | |

|3)  | | |

+---------------+--------------------------+----------------+

(1) The number of allocated shares is in accordance with Mr. Tuominen's

allocated subscription rights. The allocation to Mr. Tuominen based on

oversubscription will be informed later based on information from the account

controller.

(2) The shares are owned through the company ThjømøeKranen AS.

(3) The shares are owned through the company Magil AS.

All shares in the Subsequent Offering have been purchased at a price of NOK 3.20

per share.

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

60 941.

Oslo, 30 January 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".