Supreme Court to hear appeal by Artic Mineral Resources

Reference is made to the stock exchange notice from Nordic Mining ASA (“Nordic Mining” or the “Company”) on 30 November 2022 relating to the appeal by Artic Mineral Resources (“AMR”) on the ruling from the Borgarting Court of Appeal.

The Supreme Court's appeals committee has today informed that the appeal in the case between AMR and Nordic Rutile AS (“NRU”) will be heard before the Supreme Court. The hearing is tentatively scheduled to take place before the summer 2023.

The Oslo District Court and the Borgarting Court of Appeal both ruled in favour of NRU and concluded that AMR shall pay NRU’s legal expenses. The court rulings were in line with the operating licence granted by the Ministry of Trade, Industry and Fisheries in May 2022.

NRU maintain that AMR's claims have no merit and will continue to defend the case rigorously and is confident that the ruling from the Supreme Court will be in NRU's favour, i.e. in line with the previous rulings.

For further information, please contact CEO Ivar S. Fossum, telephone +47 930 96 850.

Oslo, 4 April 2023
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. 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”.