Chairman of the board subscribes for shares in the Rights Issue

Chairman of the board, Tarmo Tuominen has today subscribed 165,666 shares in the ongoing Rights Issue in Nordic Mining at a subscription price of NOK 0.50 per share. Tuominen has been allocated 165,666 subscription rights, and he will receive 165,666 shares in the Rights Issue.

Tarmo Tuominen owns 375,678 shares in Nordic Mining prior to the transaction.

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

Oslo, 17 June 2016
Nordic Mining ASA