Nordic Mining ASA has today entered into an agreement with Northcott
Capital Ltd (Northcott) for provision of financial advisory
services with respect to debt financing of the Engebø rutile and
garnet project.

CFO, Birte Norheim, states: We are pleased to partner with
independent and reputable advisor Northcott for debt funding of the
Engebø project. Completion of project financing is subject to
finalization of the definitive feasibility study, and we are now
speeding up the preparatory workstreams to secure the debt
financing.

Northcott is a UK-based independent financial advisor within the
metals and mining industry with a solid track record including
advising on 55 global transactions in 37 countries and raising USD
15bn in capital for its clients. Please see
http://www.northcottcapital.com/ for more information about
Northcott.

For questions please contact CFO Birte Norheim, telephone +47 952 93
321.7

Dette var bra, just in time.