Nordic Mining ASA - Share Issue/Capital Change 2019

New share capital registered

Reference is made to the stock exchange notice on 29 May 2019 relating to the

completed Private Placement in Nordic Mining ASA ("Nordic Mining" or the

"Company").

The share capital pertaining to the Private Placement has today been registered

with the Norwegian Register of Business Enterprises. Nordic Mining's share

capital has as a consequence been increased by NOK 7,770,000 from NOK

78,505,063.20 to NOK 86,275,063.20, consisting of 143,791,772 shares, each with

a par value of NOK 0.60.

Clarksons Platou Securities AS and Swedbank Norge, branch of Swedbank AB (publ)

in cooperation with Kepler Cheuvreux acted as Joint Lead Managers and

Bookrunners in the Private Placement.

For further information, please contact: Birte Norheim (CFO) at +47 9529 3321 or

Oslo, 6 June 2019

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. 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 which are jointly owned with the Institute for Energy

Technology. The Group has also taken initiatives related to seabed mineral

exploration in Norway and participates in the MarMine research project. Further,

the Group is investigating a high-quality quartz deposit in Kvinnherad in

western Norway and holds exploration rights for nickel and PGE in a prospective

geologic province in Reinfjord in northern Norway.

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

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