Oslo, 20 January 2026: Reference is made to the stock exchange announcement by
Nordic Mining ASA (the "Company") published on 16 January 2026 regarding a
successfully completed private placement of 16,666,666 new shares (the "Offer
Shares") in the Company at a subscription price of NOK 12.00 per share (the
"Private Placement").
The Private Placement consists of one tranche of 9,166,665 Offer Shares
("Tranche 1") and a second Tranche of 7,500,001 Offer Shares ("Tranche 2"). The
board of directors resolved on 15 January 2026 to issue the shares allocated in
Tranche 1 pursuant to an authorisation granted to the board by the annual
general meeting in the Company held on 27 May 2025, while the issuance of the
shares allocated in Tranche 2 remains subject to approval by the extraordinary
general meeting in the Company to be held on 9 February 2026.
The share capital increase pertaining to Tranche 1 has today been registered
with the Norwegian Register of Business Enterprises, following which the
Company's new share capital is NOK 1,410,938,376 divided into 117,578,198
shares, each with a par value of NOK 12.
For further information, please contact:
Finn Ivar Marum, CEO
Tel: +47 982 06 339
finn.ivar.marum@nordicmining.com
or visit: https://nordicmining.com/
This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.