Mandatory notification of trade

Reference is made to the stock exchange notice from Nordic Mining ASA ("Nordic Mining" or the "Company") today regarding completed Private Placement.

Barton Group's subsidiary, B-L Holding Company, has been allocated 3,764,706 new shares in the Private Placement. After completion of the Private Placement, Barton Group B-L Holding Company will own 8,403,655 shares in the Company, which represents 5.8% of the Company's shares.