Strengthening of group management: New Chief Financial Officer
Nordic Mining expands its management and has appointed new Chief Financial Officer to strengthen its financial operations going forward.
Nordic Mining has appointed Birte Norheim as new Chief Financial Officer (CFO) effective from 1 August 2018. Norheim has broad management experience from various companies in the oil and gas sector. Her background includes positions as Chief Accountant and Financial Analyst in M-I Swaco, Group Controller and VP Finance in Sevan Marine ASA and Finance Director and CEO in Njord Gas Infrastructure AS. She has extensive experience from international capital markets as well as financial strategy and management. Norheim has a Bachelor in Business Management and a Master in Applied Finance from Queensland University of Technology, Australia.
Current CFO Lars K. Grøndahl will continue in his position until Norheim takes office and will continue in the group management team with special focus on strategic financial planning.
CEO Ivar S. Fossum comments: “I am pleased to welcome Birte Norheim to our team. She has highly relevant experiences for the transitional challenges to realise the substantial values of Engebø rutile and garnet project. I am also pleased that Lars K. Grøndahl will continue and contribute to the natural succession.”
For further information please contact CEO Ivar S. Fossum, telephone +47 93096850.
Oslo, 19 March 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, 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".