With reference to the summons for the Extraordinary General Meeting, sent out 19
February 2024, the Board of Directors has today resolved to issue 5 shares to
ensure that the Company has an even number of shares after the proposed reverse
split at ratio 20:1.

Following registration of the 5 new shares, the Company will have a share
capital of NOK 1 300 938 396 divided on 2 168 230 660 shares, each with a
nominal value of NOK 0.60.

For further information, please contact CFO Jens Gisle Schnelle, telephone
+47 476 60 355

Oslo, 1 March 2024
Nordic Mining ASA

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

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 construction project 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 high purity quartz.

Nordic Mining is listed on Euronext Expand with ticker symbol "NOM".