Nordic Mining ASA — Director's Dealing 2019

May 29, 2019

Mandatory notification of trade

Reference is made to the stock exchange notice from Nordic Mining ASA ("Nordic Mining" or the "Company") today regarding completed Private Placement.

Board member in Nordic Mining, Eva Kaijser has through her company Fågelsangen AB, been allocated 94,110 shares in the Private Placement at a price of NOK 2.125 per share. Upon delivery of the shares in the Private Placement, Fågelsangen AB will own 94,110 shares in the Company.

Oslo, 29 May 2019 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 which are jointly owned with the Institute for Energy Technology. The Group has also taken initiatives related to seabed mineral exploration in Norway and participates in the MarMine research project. Further, the Group is investigating a high-quality quartz deposit in Kvinnherad in western Norway and holds exploration rights for nickel and PGE in a prospective geologic province in Reinfjord in northern Norway.

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