Nordic Mining ASA: Minutes of Extraordinary General Meeting
2026-10-13 17:18:32
Oslo, 13 October 2026
Nordic Mining ASA (the "Company") (OSE ticker: NOM) has today held an
extraordinary general meeting ("EGM") as a virtual meeting with online
participation, as announced and called for on 22 September 2026.
All resolutions were passed in accordance with the proposals set out in the
notice of general meeting.
Reference is made to the previous stock exchange announcements by the Company
regarding the Company's production ramp-up, liquidity and regulatory status. As
announced on 22 September 2026, a comprehensive financial restructuring of the
Company and its subsidiaries is required (the "Restructuring").
The chairman of the board provided the EGM with an account of the Company's
financial position, cf. sections 3-4 and 3-5 of the Norwegian Public Limited
Liability Companies Act. The chairman stated that, despite extensive efforts to
find a solution with bondholders, shareholders and other stakeholders, the
Company has so far been unable to secure sufficient short-term liquidity.
The chairman informed the EGM that the board is still exploring a possible
solution that can address the Company's immediate liquidity needs and,
hopefully, form the basis for a long-term solution. The Company has very limited
time to reach such a solution with its various stakeholders. If no solution is
found, the board's only remaining option will be to initiate bankruptcy
proceedings.
The resolutions passed by the EGM are intended to pave the way for a potential
solution and to give the board broad authority to implement such a solution
quickly, should it prove possible to find one within a short period of time.
The minutes of the general meeting are attached to this notice and available on
the Company's website: https://www.nordicmining.com/investors/general-meetings/.
For further information, please contact:
Tord Meling, CFO
Tel: +47 99 09 87 66
tord.meling@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.
t to Section 5\
-12 of the Norwegian Securities Trading Act.\