Nordic Mining ASA — Share Issue/Capital Change 2015

Oct 26, 2015

Board member subscribes for shares in the Rights Issue

Board member subscribes for shares in the Rights Issue

Board member Tore Viana-Rønningen has today through his related company ETVR

Invest AS subscribed 65,000 shares in the ongoing Rights Issue in Nordic Mining

at a subscription price of NOK 0.45 per share. ETVR Invest AS has been allocated

48,670 subscription rights and will receive 48,670 shares in the Rights Issue.

In addition, ETVR Invest AS may be allocated up to 16,330 shares based on the

subscription for shares without subscription rights.

ETVR Invest AS owns 195,000 shares in Nordic Mining prior to the transaction.

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

Oslo, 26 October 2015

Nordic Mining ASA