Nordic Mining ASA - New share capital registered

11 Feb 2026 13:38 CET

Oslo, 11 February 2026: Reference is made to the stock exchange announcement by
Nordic Mining ASA (the "Company") (OSE ticker: NOM) published on 16 January 2026
regarding a successfully placed private placement of 16,666,666 new shares (the
"Offer Shares") in the Company at a subscription price of NOK 12.00 per share
(the "Private Placement").

Further reference is made to the stock exchange announcement published on 9
February 2026 regarding the extraordinary general meeting held in the Company on
the same date, which resolved, among other things, to approve the share capital
increase pertaining to the second tranche of 7,500,001 Offer Shares ("Tranche
2") of the Private Placement.

The share capital increase pertaining to Tranche 2 has today been registered
with the Norwegian Register of Business Enterprises, following which the
Company's new share capital is NOK 1,500,938,388 divided into 125,078,199
shares, each with a par value of NOK 12.

For further information, please contact:

Finn Ivar Marum, CEO

Tel: +47 982 06 339

finn.ivar.marum@nordicmining.com

or visit: https://nordicmining.com/

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

About Nordic Mining Nordic

Mining ASA is a resource company with focus on critical minerals. The Company is
undertaking a large-scale industrial development at Engebø on the west coast of
Norway through its wholly owned subsidiary, Engebø Rutile and Garnet AS, which
has mining rights and permits to a substantial eclogite deposit with rutile and
garnet.

In addition, the Group holds a landowner agreement for exploration and
development of a high purity quartz deposit in the Kvinnherad Municipality in
Norway and is currently conducting a test work program where bulk samples from
the deposit will be used for pilot scale processing of high purity quartz
product through a full cycle process. Nordic Mining's project portfolio is of
high international standards and holds significant economic potential. The
assets, and in particular the wholly owned Engebø Project, provide a solid value
basis for Nordic Mining's shareholders. Nordic Mining is listed on Oslo Stock
Exchange

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