CFO subscribes additional shares in the Rights Issue

CFO Lars K. Grøndahl has today through his company Magil AS subscribed 300,000 shares in the ongoing Rights Issue in Nordic Mining at a price of NOK 0.50 per share. Magil AS has previously subscribed 1,000,000 shares in the Rights Issue. Magil AS has been allocated 2,866,371 subscription rights, and Magil AS will in total receive 1,300,000 shares in the Rights Issue.

Magil AS owns 6,500,000 shares in Nordic Mining prior to the subscriptions.

For questions please contact CFO Lars K. Grøndahl, telephone +47 901 60 941.

Oslo, 23 June 2016
Nordic Mining AS