NORDIC RESOURCES LTD — Capital/Financing Update 2022

May 29, 2022

Market Announcement

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30 May 2022

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Nordic Nickel Limited (ASX: NNL) – Admission and Quotation

Description

Nordic Nickel Limited (‘NNL’) was admitted to the Official List of ASX on Monday, 30 May 2022.

The securities of NNL will commence quotation at 11.00 AM AEST on Wednesday, 1 June 2022.

NNL raised $12,000,000 pursuant to the offer under its prospectus dated 8 April 2022 by the issue of 48,000,000 shares at an issue price of $0.25 per share.

Quotation information

Quotation information
Quoted securities	Fully paid ordinary shares: 58,340,003
ASX code	Fully paid ordinary shares: NNL
Time	11.00 AM AEST
Date	Wednesday, 1 June 2022
ASX trade abbreviation	NORDICNICK
ISIN	Fully paid ordinary shares: AU0000221244
Registered office	Nordic Nickel Limited
	Address: Level 12, 197 St Georges Terrace PERTH WA 6000
	Phone: +61 8 6141 3191
	Email: info@nordicnickel.com
Company secretary	Aaron Bertolatti
Share Registry	Computershare Investor Services Pty Ltd
	Address: Level 11, 172 St Georges Terrace PERTH WA 6000
	Phone: +61 8 9323 2000
	Email: N/A
Balance date	30 June
CHESS	Participating. CHESS and Issuer Sponsored.
Place of incorporation	Western Australia
Dividend policy	See section 5.11 of the Prospectus
Activities	Mining Exploration
Lead manager	Taylor Collison Limited and Vert Capital Pty Ltd
Underwriter	N/A
ASX restricted securities	56,765,002 fully paid ordinary shares classified by ASX as restricted
	securities and to be held in escrow until 1 June 2024, being 24 months from
	the date of Quotation.

Market Announcement 1/2 ASX Customer Service Centre 131 279 | asx.com.au

30 May 2022 ASX Limited

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53,334 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 13 January 2023, being 12 months from the date of issue.

66,667 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 30 June 2022, being 12 months from the date of issue.

2,750,000 options exercisable at $0.20 on or before 31 May 2026, classified by ASX as restricted securities and to be held in escrow until 1 June 2024, being 24 months from the date of Quotation.

1,000,000 options exercisable at $0.25 on or before 23 May 2027, classified by ASX as restricted securities and to be held in escrow until 1 June 2024, being 24 months from the date of Quotation.

1,000,000 options exercisable at $0.375 on or before 23 May 2027, classified by ASX as restricted securities and to be held in escrow until 1 June 2024, being 24 months from the date of Quotation.

1,500,000 options exercisable at $0.50 on or before 23 May 2027, classified by ASX as restricted securities and to be held in escrow until 1 June 2024, being 24 months from the date of Quotation.

1,750,000 options exercisable at $0.30 on or before 23 May 2027, classified by ASX as restricted securities and to be held in escrow until 1 June 2024, being 24 months from the date of Quotation.

1,750,000 options exercisable at $0.35 on or before 23 May 2027, classified by ASX as restricted securities and to be held in escrow until 1 June 2024, being 24 months from the date of Quotation.

2,000,000 options exercisable at $0.30 on or before 1 June 2025, classified by ASX as restricted securities and to be held in escrow until 1 June 2024, being 24 months from the date of Quotation.

2,000,000 options exercisable at $0.35 on or before 1 June 2025, classified by ASX as restricted securities and to be held in escrow until 1 June 2024, being 24 months from the date of Quotation.

Other securities not quoted N/A

What do I need to do and by when?

For further information, please refer to NNL’s Prospectus.

Need more information?

For further information, please call the Company.

Disclaimer

Please refer to the following disclaimer.

Issued by

Justin Nelson

Principal Adviser, Listings Compliance (Sydney)

Market Announcement 2/2

30 May 2022