Nordic Mining ASA - Director's Dealing 2021

Allocation of options to primary insider

On 1 November 2018, the general meeting of Nordic Mining ASA ("Nordic Mining")

resolved an option program for leading employees and qualified resource persons

(the "Option Program").

Nordic Mining's CFO, Christian Gjerde, has today been awarded in total 400,000

options pursuant to the Option Program. Each option gives the right to subscribe

for one share in Nordic Mining. The subscription price for each share shall be

NOK 2.62 (i.e. equal to the 3-day volume weighted average share price of Nordic

Mining prior to the award date plus 5 per cent).

The options will be vested and may be used to subscribe for shares in the

Company on the terms and conditions set out in the Option Program. Gjerde does

not own any shares in Nordic Mining.

For further information, please contact CFO Christian Gjerde, telephone +47 980

60 909.

Oslo, 22 April 2021

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 14.3% 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 and exploration of seabed minerals.

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

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