Nordic Mining ASA: Mandatory notification of trade – primary insider
Reference is made to the stock exchange notices from Nordic Mining ASA (“Nordic Mining” or the "Company") on 30 March 2023 regarding the general meeting's approval of the subsequent offering of up to 216,666,667 new shares (the "Subsequent Offering").
Kjell Sletsjøe, Deputy Chair of the Board of Nordic Mining ASA, has today 13 April 2023 subscribed for 333,333 shares in the Subsequent Offering at the subscription price of NOK 0.60 per share. Of the aggregated subscription, 22,152 were subscribed for based on allotted subscription rights, whereas 311,181 represent oversubscription. Following the transaction Sletsjøe will hold 355,009 shares in Nordic Mining ASA, assuming allocation of the oversubscription.
Oslo, 13 April 2023
Nordic Mining ASA
This information is subject to disclosure requirements set out in the Market Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act Section 5-12.
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”.