Nordic Mining ASA - Share Issue/Capital Change 2016

Minutes from Extraordinary General Meeting on 5 December 2016

An extraordinary general meeting in Nordic Mining ASA was held on 5 December

2016. A reverse share split in the ratio 6:1 was resolved.

At a later stage, Nordic Mining will publish a stock exchange release with key

information and timing for completion of the reverse split.

The minutes from the Extraordinary General Meeting is enclosed with this notice.

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

Oslo, 5 December 2016

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 high international standard and holds a

significant economic potential. The Company's assets are in the Nordic region.

Through the subsidiary Nordic Rutile AS Nordic Mining is undertaking a large

-scale project development at Engebøfjellet in Sogn and Fjordane where the

Company has rights and permits to a substantial eclogite deposit with rutile and

garnet. Permits for the project have been granted by the Norwegian government.

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 on the Øksfjord Peninsula 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 with ticker symbol "NOM".

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