Nordic Mining ASA — Share Issue/Capital Change 2023

Apr 28, 2023

Nordic Mining ASA: New share capital registered

Reference is made to the stock exchange release on 17 April 2023 regarding the issuance of 136,544,091 shares in Nordic Mining ASA (the "Company") under the Subsequent Offering.

The new share capital following completion of the Subsequent Offering has today been registered with the Norwegian Register of Business Enterprises.

The Company's new share capital is NOK 1,300,938,393.0 divided into 2,168,230,655 shares, each with a par value of NOK 0.60.

Oslo, 28 April 2023 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. 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.

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