Nordic Mining ASA - Share Issue/Capital Change 2019

Rights issue resolved by the extraordinary general meeting

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

INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES (OR ANY OTHER

JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE

UNLAWFUL). THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE

SECURITIES DESCRIBED HEREIN.

The extraordinary general meeting in Nordic Mining ASA (the "Company") was held

today, Friday 13 September 2019. All items for consideration were approved. The

minutes of the extraordinary general meeting is enclosed to this notice in

Norwegian and in English translation.

The extraordinary general meeting resolved the proposed rights issue (the

"Rights Issue") of up to 25,000,000 new shares in the Company on the main terms

announced in the stock exchange notice released on 12 September 2019. Further

terms and conditions for the Rights Issue will be detailed in a prospectus to be

published following approval of such prospectus by the Norwegian Financial

Supervisory Authority. Publication of the prospectus is expected to be on or

about 17 September 2019. The shares in Nordic Mining ASA will trade ex

preferential right to participate in the Rights Issue from Monday 16 September

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

33 21.

Oslo, 13 September 2019

Nordic Mining ASA

About 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. The Company's project

portfolio is of high international standard and holds significant economic

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

Nordic Mining is undertaking a large-scale project development at Engebø on the

west coast of Norway where the Company has rights and permits to a substantial

eclogite deposit with rutile and garnet. Nordic Mining also holds 18.5% of the

shares in Keliber Oy, which is developing a lithium project in Finland to become

the first European producer of battery grade lithium hydroxide.

In addition, Nordic Mining holds interests in other initiatives at various

stages of development. This includes patented rights for a new technology for

production of alumina, and exploration of seabed minerals and high-purity

quartz.

Nordic Mining is listed on Oslo Axess with ticker symbol "NOM".

AI assistant