Onsdag 17 September | 06:30:46 Europe / Stockholm

Bifogade filer

2025-06-19 22:00:00

Today, the below primary insiders of Nordic Mining ASA ("Company") have been awarded and entered into option agreements setting out the terms and conditions for the following number of options:

  • Finn Ivar Marum, CEO, has been awarded 900,000 options, following which he holds 900,000 options in the Company
  • Tord Meling, CFO, has been awarded 500,000 options, following which he holds 500,000 options in the Company
  • Kenneth Nakken Angedal, Managing Director Engebø Rutile and Garnet AS, has been awarded 400,000 options, following which he holds 400,000 options and 22 291 shares in the Company
  • Kjell Roland, chair of the board, has been awarded 300,000 options, following which he holds 300,000 options and 29 523 shares in the Company
  • Kjell Sletsjøe, deputy chair of the board, has been awarded 200,000 options, following which he holds 200,000 options and 17 750 shares in the Company
  • Bendicte Nordang, member of the board, has been awarded 200,000 options, following which she holds 200,000 options in the Company
  • Ingrid Eva Kaijser, member of the board, has been awarded 200,000 options, following which she holds 200,000 options in the Company
  • Tom Lileng, member of the board, has been awarded 200,000 options, following which he holds 200,000 options in the Company

The main terms of the option agreements are as follows:

  • The options have a duration of three-years and will vest as follows; 1/3 on June 30, 2025, 1/3 on June 30, 2026 and 1/3 on June 30, 2027.
  • The vesting of and right to exercise options are conditional on the option holder being employed with - or not in the notice period in - the Company group or a member of the Company's board of directors, as the case may be, at the date of vesting and exercise.
  • The subscription price for each share subscribed shall be equal to NOK 22,9179, being the 10-day volume weighted average share price of the Company share prior to the award date.

This information is subject to the disclosure requirements pursuant to Article 19 of the EU Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

Oslo, June 19th, 2025

Nordic Mining ASA

Nordic Mining ASA ("Nordic Mining" or the "Company") (www.nordicmining.com) 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 Oslo Børs with ticker symbol "NOM".