Supreme Court to hear appeal by Artic Mineral Resources

04 Apr 2023 12:56 CEST

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".

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