CEO subscribes for shares in the Rights Issue

CEO Ivar S. Fossum has today subscribed 500,000 shares in the ongoing Rights Issue in Nordic Mining at a subscription price of NOK 0.50 per share. Fossum has been allocated 936,241 subscription rights, and he will receive 500,000 shares in the Rights Issue.

Ivar S. Fossum owns 2,123,092 shares in Nordic Mining prior to the subscription.

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

 Oslo, 20 June 2016
Nordic Mining ASA