Nordic Mining ASA — Share Issue/Capital Change 2014

Nov 12, 2014

Last day of trading in subscription rights today

Last day of trading in subscription rights today

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART,

DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES

Reference is made to previous announcements in respect of the Rights

Issue of up to 28,000,000 new shares in Nordic Mining ASA.

The period for trading in subscription rights (ticker "NOM T") for the

Rights Issue will expire today, 12 October 2014 at 16:30 (CET).

Subscription rights for participation in the Rights Issue can be

exercised during the on-going subscription period, which will expire on

14 November 2014 at 16:30 (CET).

Subscription rights that are not used to subscribe for new shares before

the expiry of the subscription period on 14 November at 16:30 (CET), or

not sold before 12 November 2014 at 16:30 (CET), will have no value and

will lapse without compensation to the holder.

For more information, please refer to the Prospectus for the Rights

Issue dated 24 October 2014 and the Supplemental Prospectus dated 5

November 2014.

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

+47 901 60 941.

Oslo, 12 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.