NOMI - Rights issue in Nordic Mining fully subscribed



The proceeds from the issue will contribute to the strengthening of the company's equity, and the financing of the development of the Engebø rutile project, EM technology in mining, and the development of the company's gold concessions in Ecuador.

For further information, please contact:

CFO Lars K. Grøndahl, Nordic Mining ASA, tel. +47 901 60 941, or

Jan Myhre, CAR ASA, tel. +47 922 65 953

Oslo, November 27th, 2006
Nordic Mining ASA

Nordic Mining was incorporated on May 8th, 2006 through the de-merger of Rocksource's business within exploration of metals and minerals. The goal of Nordic Mining is to become a financially solid mining company with integrated operations in prospecting, extraction and production of gold, industrial minerals and metals.
The ticker code of Nordic Mining on OTC in Oslo is NOMI.

Further information about Nordic Mining is found on the company web.(www.nordicmining.com)

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