NORDIC RESOURCES LTD — Major Shareholding Notification 2022

Jun 7, 2022

603 page 1 /2 15 July 2001

Form 603

Corporations Act 2001 Section 671 B

Notice of initial substantial holder

To Company Name/Scheme NORDIC NICKEL LTD ACN/ARSN 647 455 105

1. Details of substantial holder (1)

Name MAGNUS MINERALS OY ACN/ARSN (if applicable) NIA

TIie holder became a substantial holder on

12 /03 / 2021

2. Details of voting power

TIie total number of votes attached to all the voting shares in the company o, voting interests in the scheme that the substantial holder o, an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities(4)	Number of securties	**Peron's votes(5 **	Voting power(6)
ORD	18,855,000	18,855,000	16.36%

3. Details of relevant interests

TIie nature of the relevant interest the substantial holder o, an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

llows:
Holder of relevant interst	Nature of relevant interest (7)	Class and number of securities
MAGNUS MINERALS OY	DIRECT	18,855,000 ORD

4. Details of present registered holders

TIie persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevantinterest	Registered holder ofsecurities	Peron entitled to beregistered as holder (8)	Class and numberof secuities
MAGNUS MINERALS OY	MAGNUS MINERALS OY	MAGNUS MINERALS OY	18,855,000 ORD

5. Consideration

TIie consideration paid fo, each relevant interest referred to in parai,aph 3 above, and acquired in the lour months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevantinterest	Date of acuisition	Cosideration (9)	Cosideration (9)	Class and numberof secuities
		laSn	Non-casn
MAGNUS MINERALS OY	12 MARCH 2021		-1	18,855,000 ORD

1 Issued as consideration for the acquisition of the Finland exploration licenses and applications