Nordic Mining ASA - Share Issue/Capital Change 2016

Reminder; last day of trading in subscription rights tomorrow

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

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

Reference is made to previous announcements in respect of the Rights Issue of up

to 170,000,000 new shares in Nordic Mining ASA ("Nordic Mining").

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

Issue will expire tomorrow Tuesday 21 June 2016 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 23 June 2016 at

16:30 (CET).

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

expiry of the subscription period on 23 June 2016 at 16:30 (CET), or not sold

before 21 June 2016 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

7 June 2016.

For further information please contact CFO Lars K. Grøndahl, telephone +47 901

60 941.

Oslo, 20 June 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.

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