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").
The following primary insiders has today 14 April 2023 subscribed for shares in the Subsequent Offering at the subscription price of NOK 0.60 per share.
- Christian Gjerde, CFO of Nordic Mining ASA, has subscribed for 250,000 shares at the subscription price of NOK 0.60 per share. Following the transaction Gjerde holds 650,000 shares in Nordic Mining ASA.
- Mona Schanche, VP Resource and Sustainability in Nordic Mining ASA, has subscribed for 400,000 shares at the subscription price of NOK 0.60 per share. Following the transaction Schanche holds 841,063 shares in Nordic Mining ASA.
Oslo, 14 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”.