Last day of trading in subscription rights

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES (OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL).

Reference is made to previous announcements in respect of the Rights Issue of up to 17,391,304 new shares in Nordic Mining ASA.

The period for trading in subscription rights (ticker "NOM T") for the Rights Issue will expire today, Friday 16 November 2018 at 16:30 (CET). Subscription rights for participation in the Rights Issue can be exercised during the ongoing subscription period, which will expire on 20 November 2018 at 16:30 (CET).

Subscription rights that are not used to subscribe for new shares before the expiry of the subscription period on 20 November 2018 at 16:30 (CET), or not sold before 16 November 2018 at 16:30 (CET), will have no value and will lapse without compensation to the holder.

For more information, please refer to the Prospectus for the Rights Issue dated 2 November 2018.

For further information please contact Birte Norheim, CFO, telephone +47 95 29 33 21.

Oslo, 16 November 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. The definitive feasibility study was initiated directly following completion of the prefeasibility study in October 2017. Nordic Mining's associated company Keliber completed the definitive feasibility study for its lithium project in Finland in June 2018. 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".