New share capital registered
Reference is made to the stock exchange notice on 21 November 2018 relating to the results and close of the Rights Issue in Nordic Mining ASA (“Nordic Mining” or the “Company”).
The share capital pertaining to the Rights Issue has today been registered with the Norwegian Register of Business Enterprises. Nordic Mining's share capital has as a consequence been increased by NOK 10,434,782.40 from NOK 68,070,280.80 to NOK 78,505,063.20, consisting of 130,841,772 shares, each with a par value of NOK 0.60.
Carnegie AS and Clarksons Platou Securities AS acted as joint lead managers for the Rights Issue.
For more information please contact Birte Norheim, CFO, telephone +47 95 29 33 21.
Oslo, 29 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".