Nordic Mining ASA - Share Issue/Capital Change 2026

Nordic Mining: Share Capital Reduction Effective

Oslo, 12 May 2026: Reference is made to the resolution by the extraordinary

general meeting of Nordic Mining ASA ("Nordic Mining" or the "Company"), org.nr.

989 796 739, on 9 February 2026, to reduce the share capital by reducing the

nominal value of the Company's shares from NOK 12 to NOK 1.20, cf. section 12-1

of the Norwegian Public Limited Liability Companies Act.

The share capital reduction was registered as effective with the Norwegian

Company's share capital is NOK 150,093,838.80 consisting of 125,078,199 shares,

each with a par value of NOK 1.20.

For further information, please contact:

Tord Meling, CFO

Tel: +47 99 09 87 66

or visit: www.nordicmining.com

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

About Nordic Mining

Nordic Mining ASA is a resource company with focus on critical minerals. The

Company is undertaking a large-scale industrial development at Engebø on the

west coast of Norway through its wholly owned subsidiary, Engebø Rutile and

Garnet AS, which has mining rights and permits to a substantial eclogite deposit

with rutile and garnet. In addition, the Group holds a landowner agreement for

exploration and development of a high purity quartz deposit in the Kvinnherad

Municipality in Norway and is currently conducting a test work program where

bulk samples from the deposit will be used for pilot scale processing of high

purity quartz product through a full cycle process. Nordic Mining's project

portfolio is of high international standards and holds significant economic

potential. The assets, and in particular the wholly owned Engebø Project,

provide a solid value basis for Nordic Mining's shareholders. Nordic Mining is

listed on Oslo Stock Exchange

AI assistant