Nordic Mining sells Keliber stake for EUR 46.9 million (NOK 483 million)
Nordic Mining ASA (“Nordic Mining” or the “Company”) is pleased to announce that the Company has irrevocable accepted to sell its shares in Keliber Oy (“Keliber”) to Sibanye Stillwater Limited (“SSW”) for a cash consideration of EUR 157.28 per share, in total EUR 46.9 million (NOK 483 million), under a voluntary offer ("Voluntary Offer") provided by SSW to the shareholders of Keliber today. SSW’s offer is made on the basis of an independently calculated fair market value as determined by two leading independent investment banks, Royal Bank of Canada and Bank of Montreal, in May 2022 in