Board member subscribes for shares

Board member Tore Viana-Rønningen has today through his related company ETVR Invest AS subscribed for 50,000 shares in the ongoing Rights Issue in Nordic Mining at a price of NOK 0.60 per share.

ETVR Invest AS has been
allocated 13,974 subscription rights and will receive 13,974 shares in the Rights Issue. In addition, ETVR Invest AS may be allocated up to 36,026 shares based on the subscription for shares without subscription rights.

Prior to the subscription ETVR Invest AS owns 145,000 shares in Nordic Mining.

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

Oslo, 12 November 2014
Nordic Mining ASA