CFO subscribes for shares in the Rights Issue

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

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

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

Oslo, 20 June 2016
Nordic Mining AS