Nordic Mining ASA: Fixed Income Investor Calls

Nordic Mining ASA: Fixed Income Investor Calls

Reference is made to the stock exchange notice earlier today, 3 October 2022, regarding Nordic Mining ASA (“Nordic Mining” or the “Company”) announcement that the company has conditionally agreed a USD 55 million investment from a fund managed by Orion Resource Partners.

Nordic Mining ASA has engaged Clarksons Securities AS and SpareBank 1 Markets AS to arrange a series of fixed income investor calls commencing Tuesday 4 October.

The issue of a USD denominated senior secured bond issue with five-year tenor may follow, subject to inter alia market conditions.

The net proceeds from the contemplated bond issue will be employed towards the development of the Engebø Project.

For further information, please contact CFO Christian Gjerde, telephone + 47 980 60 909.

Oslo, 3 October 2022
Nordic Mining ASA

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

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. The Company’s project portfolio is of high international standard and holds 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. In addition, Nordic Mining holds interests in other initiatives at various stages of development. This includes patented rights for a new technology for production of alumina and exploration of seabed minerals.

Nordic Mining is listed on Euronext Expand Oslo with ticker symbol “NOM”. an $7.8