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Nordic Mining ASA (NOMIN.OL)

NOMIN.OL on Oslo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Nordic Mining: successful private placement in keliber
Tuesday, 21 Mar 2017 04:31am EDT 

Nordic Mining Asa : Keliber has successfully concluded a private placement with gross proceeds of 5.0 million euros ($5.4 million) . Share issue was subscribed by four Finnish investors . 125,000 new shares have been allocated to investors in private placement .Subsequent repair issue will be carried out in March/April 2017.  Full Article

Nordic Mining Q4 operating loss widens to NOK 8.8 million
Tuesday, 21 Feb 2017 02:06am EST 

Nordic Mining ASA : Q4 operating loss 8.8 million Norwegian crowns ($1.05 million) versus loss 2.9 million crowns year ago . Q4 pre-tax loss 10.2 million crowns versus loss 5.0 million crowns year ago .Says based on substantial garnet content in Engebø deposit and updated market information, Nordic Mining has increased sales target for garnet from 100,000 tonnes to 200,000 tonnes per year.  Full Article

Nordic Mining: Keliber signs basic engineering contract with Outotec
Thursday, 26 Jan 2017 03:04am EST 

Nordic Mining ASA :Says its associated company Keliber has signed basic engineering contract with Outotec for lithium plant.  Full Article

Nordic Mining remains major shareholder in Keliber
Friday, 2 Dec 2016 05:01am EST 

Nordic Mining ASA : Says subsequent of Keliber Oy share issue, Nordic Mining remains major shareholder in Keliber with shareholding of about 25.1 pct .Keliber has successfully concluded share issue with gross proceeds of 2.96 million euros.  Full Article

Nordic Mining updates on Engebø rutile project, raises target volume for garnet
Wednesday, 30 Nov 2016 02:29am EST 

Nordic Mining ASA : Activities in connection with ongoing pre-feasibility study (PFS) are progressing well on Engebø rutile project . Potential for Engebø garnet is considered to be more favourable than previously assumed . Will target significantly higher sales volume and wider product specter than indicated at earlier stage . New target volume for garnet is at level of 200,000 tonnes per year, which is doubling of previous sales volume assumption .Higher garnet revenue potential compared with previous assumptions will be targeted as part of ongoing PFS work.  Full Article

Nordic Mining Q2 operating loss increases to NOK 6.4 mln
Friday, 19 Aug 2016 01:34am EDT 

Nordic Mining ASA : Reported on Thursday Q2 operating loss 6.4 million Norwegian crowns ($785,000) versus loss 3.8 million crowns year ago .Q2 pre-tax loss 7.3 million crowns versus loss 5.0 million crowns year ago.  Full Article

OFFICIAL-BRIEF-Nordic Mining announces final result of rights issue
Monday, 27 Jun 2016 01:37am EDT 

Corrects number of shares allocated to 131,728,003 from 131,713,730. Company corrected its own statement..Nordic Mining ASA : Allocation of 131,728,003 new shares in the Rights Issue has been approved by the Board of Directors . Gross proceeds from issue were approximately 65.9 million Norwegian crowns ($7.74 million) .The proceeds will mainly be used to advance the Engebø rutile project towards the pre-feasibility study which is targeted for completion in Q1 2017.  Full Article

Nordic Mining announces final result of rights issue
Friday, 24 Jun 2016 08:54am EDT 

Nordic Mining ASA : Allocation of 131,713,730 new shares in the Rights Issue has been approved by the Board of Directors . Gross proceeds from issue were approximately 65.9 million Norwegian crowns ($7.74 million) .The proceeds will mainly be used to advance the Engebø rutile project towards the pre-feasibility study which is targeted for completion in Q1 2017.  Full Article

Nordic Mining rights issue gives about NOK 65 mln in gross proceeds
Friday, 24 Jun 2016 02:57am EDT 

Nordic Mining ASA : Preliminary result of the rights issue . Gross proceeds from rights issue are preliminary estimated at around 65 million Norwegian crowns ($7.6 million) .Final result of rights issue is expected to be published later on June 24, 2016.  Full Article

Nordic Mining: Rights issue resolved
Friday, 3 Jun 2016 02:01am EDT 

Nordic Mining ASA : Said on Thursday share capital will be increased with up to NOK 17,000,000 by the issuance of up to 170,000,000 new shares . One share in the Company will give 0.4409802 subscription rights . One subscription right gives the right to subscribe one share in the rights issue, over-subscription is allowed . The subscription price is 0.50 crowns per new share . Gross proceeds from the rights issue will be 85 million crowns, subject subscription of all shares offered . The subscription period shall commence on June 9, 2016 and end on June 23, 2016 .The proceeds from the rights issue will be used for project development activities, mainly related to the Engebø rutile project, and for general corporate purposes..  Full Article

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