Expiry of subscription period for the Rights Issue today

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES (OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL).

Reference is made to previous announcements in respect of the ongoing Rights Issue of up to 17,391,304 new shares in Nordic Mining ASA ("Nordic Mining").

The subscription period for the Rights Issue will expire today, Tuesday 20 November 2018 at 16:30 (CET). Correctly completed subscription forms must be received by one of the managers, or in the case of online subscriptions through the VPS online subscription system, be registered within this deadline.

The Prospectus together with the subscription form is available at www.nordicmining.com, www.carnegie.no and securities.clarksons.com.

Subscription rights that are not used for subscribing new shares by 16:30 CET today, 20 November 2018, will have no value and will lapse without compensation to the holder.

Please refer to the Prospectus for more information.

For further information please contact Birte Norheim, CFO, telephone +47 95 29 33 21.

Oslo, 20 November 2018

Nordic Mining ASA

Nordic Mining ASA (www.nordicmining.com)

Nordic Mining ASA ("Nordic Mining" or "the Company") is a resource company with focus on high-end industrial minerals and metals in Norway and internationally. The Company's project portfolio is of high international standard and holds a significant economic potential. The Company's assets are in the Nordic region. Nordic Mining is undertaking a large-scale project development at Engebø on the west coast of Norway where the Company has rights and permits to a substantial eclogite deposit with rutile and garnet. Permits for the project have been granted by the Norwegian government. The definitive feasibility study was initiated directly following completion of the prefeasibility study in October 2017. Nordic Mining's associated company Keliber completed the definitive feasibility study for its lithium project in Finland in June 2018. Nordic Mining has rights for exploration and production of high-purity quartz in Kvinnherad in Norway. Further, the Company holds exploration rights at Reinfjord in northern Norway where a prospective area of sulphide mineralisation has been discovered. Nordic Mining is also exploring opportunities related to seabed mineral resources.

Nordic Mining is listed on Oslo Axess with ticker symbol "NOM".