Mandatory notification of trade
Reference is made to stock exchange release 18 November 2014 in connection with the completed Rights Issue in Nordic Mining on 14 November 2014. The allocation of shares in the Rights Issue to Tarmo Tuominen, chairman of the board was informed on a preliminary basis.
The exact number of allocated shares to Tarmo Tuominen has now been informed from the Finnish account controller. Mr. Tuominen has been allocated in total 22,964 shares in the Rights Issue. All shares have been purchased at a price of NOK 0.60 per share. Tarmo Tuominen’s new shareholding is 100,641 shares.
For further information please contact CFO Lars K. Grøndahl, telephone +47 901 60 941.
Oslo, 27 November 2014
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 a high international standard and holds a significant economic potential. The Company’s assets are mainly in the Nordic region.
Through the subsidiary Nordic Rutile AS Nordic Mining is undertaking large-scale project development at Engebøfjellet in Sogn and Fjordane where the Company has rights to a substantial eclogite deposit with rutile and garnet. Nordic Mining has rights for exploration and production of high-purity quartz in Kvinnherad in Hordaland and develops the project through its subsidiary Nordic Quartz AS. Nordic Mining’s associated company Keliber Oy in Finland plans to start mining of lithium bearing spodumene and production of lithium carbonate. Nordic Mining holds exploration rights in the Øksfjord region in Troms and Finnmark where the Company has discovered a prospective area of sulphide mineralisation. Through the subsidiary Nordic Ocean Resources AS, Nordic Mining is exploring opportunities related to seabed mineral resources.
Nordic Mining is listed on Oslo Axess.