In board meeting 30 March 2011, the Board of Directors of Nordic Mining ASA has approved the financial statements for 2010. Nordic Mining's consolidated net loss for 2010 is NOK -25.9 million which is identical to the preliminary result informed in stock exchange notice dated 28 February 2011.

 

The Board proposes to the general assembly that the negative result after tax in the parent company of NOK 30,754,542 be set off against equity.

 

The annual report for 2010 will be made available electronically via Oslo Axess and on the company's website www.nordicmining.com on or about 4 April 2011. Preparation of an English version of the annual report is ongoing. The English version will be published later.

 

Nordic Mining's Annual General Meeting is scheduled 16 June 2011.

 

For questions please contact CFO Lars K. Grøndahl on telephone +47-901 60 941.

 

 

Oslo, 31 March 2011
Nordic Mining ASA

 

 

 

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.