NORDIC MINING ASA: KEY INFORMATION ABOUT THE PREFERENTIAL RIGHTS ISSUE
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. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
Date on which the terms and conditions of the preferential rights issue were announced: 11 October 2018
Last day including right: 1 November 2018
Ex-date: 2 November 2018
Record Date: 5 November 2018
Date of approval: 1 November 2018
Maximum number of new shares: 17,391,304
Subscription price: NOK 2.30 per new share
Will the rights be listed - yes/no: Yes
Other information: Reference is made to the notice of the extraordinary general meeting in Nordic Mining ASA announced through a stock exchange notification on 11 October 2018 for further information regarding the rights issue.
Oslo, 11 October 2018
Nordic Mining ASA
This release is an announcement issued pursuant to legal information obligations, and is subject of the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.
About Nordic Mining (www.nordicmining.com)
Nordic Mining is a resource company with a focus on high-end industrial minerals and metals in Norway and internationally. The Company's project portfolio is of high international standard and holds significant economic potential. 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, and a prefeasibility study was completed in October 2017. Nordic Mining's associated company Keliber in Finland is in the process of completing its definitive feasibility study and preparing for production of lithium carbonate. 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".