Nordic Mining ASA — Share Issue/Capital Change 2015

Oct 19, 2015

Board member subscribes for shares in the Rights Issue

Board member subscribes for shares in the Rights Issue

Board member Mari Thjømøe has today through the family company Thjømøekranen AS

subscribed 100,000 shares in the ongoing Rights Issue in Nordic Mining at a

subscription price of NOK 0.45 per share. Thjømøekranen AS has been allocated

45,262 subscription rights, and Thjømøekranen AS will receive 45,262 shares in

the Rights Issue. In addition, Thjømøekranen AS may be allocated up to 54,738

shares based on the subscription for shares without subscription rights.

Thjømøekranen AS owns 181,346 shares in Nordic Mining prior to the transaction.

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

Oslo, 19 October 2015

Nordic Mining ASA