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Nordic Mining ASA Share Issue/Capital Change 2019

Oct 1, 2019

3678_dirs_2019-10-01_fc9069a9-9166-467d-95a9-2cdc040c51f5.html

Share Issue/Capital Change

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Primary insider subscribes shares in the Rights Issue

Primary insider subscribes shares in the Rights Issue

The following primary insider has subscribed for shares in the ongoing Rights

Issue in Nordic Mining as follows:

+---------+--------+-------------------+----------+------------------+

|Name |Position|Number of allocated|Shares |Shares owned prior|

| | |  subscription |subscribed|  to the |

| | |rights | |transaction |

+---------+--------+-------------------+----------+------------------+

|Antony H.|Board |0 |7,150 |0 |

|Beckmand |member | | | |

+---------+--------+-------------------+----------+------------------+

The subscription price is NOK 1.40 per share.

For further information, please contact Birte Norheim, CFO, telephone +47 95 29

33 21.

Oslo, 1 October 2019

Nordic Mining ASA