Reference is made to the stock exchange notice from Nordic Mining ASA ("Nordic
Mining" or the "Company") today regarding completed Private Placement.
Barton Group's subsidiary, B-L Holding Company, has been allocated 3,764,706 new
shares in the Private Placement. After completion of the Private Placement,
Barton Group B-L Holding Company will own 8,403,655 shares in the Company, which
represents 5.8% of the Company's shares.