Nordic Mining (NOM)

Manjana · september 13, 2019, 6:32pm

Du kan kjøpe tegningsretter, eller vente og se om kursen faller under emisjonskursen Forøvrig tror jeg nå er et godt tidspunkt å hoppe inn, nyheter om Keliber og NOM sin egen DFS skal meldes innen året er omme.

TekBot · september 16, 2019, 6:45am

Ex fortrinnsretter i dag

TekBot · september 17, 2019, 12:25pm

Oslo Axess - Tegningsrettene i Nordic Mining ASA vil bli notert / The subscription rights in Nordic Mining ASA will be listed 18.09.2019

TekBot · september 18, 2019, 5:55am

Approved Prospectus and start of subscription period

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR
INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES (OR ANY OTHER
JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
…

Vis børsmeldingen

UNLAWFUL). THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE
SECURITIES DESCRIBED HEREIN.

The prospectus (the “Prospectus”) in connection with the rights issue (the
“Rights Issue”) in Nordic Mining ASA (the “Company”) has been approved by the
Financial Supervisory Authority of Norway. The subscription period for the
Rights Issue and the trading period and listing for the subscription rights
starts today, 18 September 2019.

Approved Prospectus

The Financial Supervisory Authority of Norway has reviewed and approved the
Company’s Prospectus regarding the Rights Issue of up to 25,000,000 new shares
(the “Offer Shares”) at a subscription price of NOK 1.40 per Offer Share, with
tradable and listed Subscription Rights for shareholders as of the end of 13
September 2019 (as registered in the Norwegian Central Securities Depository
(“VPS”) on 17 September 2019) who are not resident in a jurisdiction where such
offering would be unlawful, or for jurisdictions other than Norway which would
require any filing, registration or similar action (the “Eligible
Shareholders”).

Nordic Mining will today publish the Prospectus in connection with the Rights
Issue, the terms and conditions for which were announced on 13 September 2019.
The Prospectus together with the subscription form will be available at
www.nordicmining.com and www.sb1markets.no and will also be available free of
charge at the business offices of Nordic Mining ASA and SpareBank 1 Markets AS.

SpareBank 1 Markets AS is manager and Kvale Advokatfirma is legal advisor for
the Rights Issue.

Subscription price

The subscription price in the Rights Issue is NOK 1.40 per Offer Share.

The last closing price for the Nordic Mining share prior to announcement of the
contemplated transaction on 12 September 2019 was NOK 1.975. The theoretical ex
-rights price (“TERP”), which takes into account the implicit dilution of the
transaction, is NOK 1.89. The subscription price discount to TERP is
approximately 25.9%. The Subscription Rights are expected to have an economical
value.

Subscription Rights

Each Eligible Shareholder has received 0.1738625 Subscription Rights for every
one (1) share held based on their shareholding at the end of 13 September 2019,
as registered in the VPS on 17 September 2019. The number of Subscription Rights
issued to each Eligible Shareholder has been rounded down to the nearest whole
Subscription Right.

The holders of Subscription Rights will be entitled to subscribe for and be
allocated one (1) Offer Share for every (1) Subscription Right held. Over
-subscription is permitted.

Subscription Rights transferred to shareholders registered in the VPS will be
fully tradable and listed on Oslo Axess with ticker code “NOM S” and registered
in VPS with ISIN NO0010864143 (https://csdclient.vps.no/issuer
-front/isin/NO0010864143). The trading period for the Subscription Rights starts
today, 18 September 2019, and ends on 30 September 2019 at 16:30 CEST.

Offer Shares that are not subscribed for by holders of Subscription Rights may
be subscribed by other investors.

Offer Shares may be subscribed by investors who are not resident in a
jurisdiction where such offering would be unlawful, or for jurisdictions other
than Norway which would require any filing, registration or similar action.

Regarding further restrictions in respect of who may be allocated or permitted
to acquire or exercise Subscription Rights/subscribe for Offer Shares, reference
is made to Section 4.2.15 “Selling Restrictions and restrictions on distribution
of Subscription Rights and Offer Shares” in the Securities Note in the
Prospectus.

Subscription period for the Offer Shares

From and including 18 September 2019 to 2 October 2019 at 16:30 CEST.

Trading in Subscription Rights

From and including 18 September 2019 to 30 September 2019 at 16:30 CEST.

Please note that Subscription Rights that are not used to subscribe for Offer
Shares before the end of the subscription period 2 October 2019 at 16:30 CEST,
or not sold before 30 September 2019 at 16:30 CEST, will lapse without
compensation and consequently be of no value.

Payment, delivery and trading of the Offer Shares

Due date for payment of the Offer Shares is 7 October 2019. The Offer Shares
will carry right to dividends as from the date of registration of the Offer
Shares with the Norwegian Register of Business Enterprises and will be delivered
through the facilities of the VPS. Trading in the Offer Shares on Oslo Axess is
expected to commence on or about 15 October 2019.

Other information

In connection with the Rights Issue, Nordic Mining would like to invite to the
following lunch presentations: 24 September at 10:00 CEST at SpareBank 1 Markets
| Olav Vs Gate 5, Oslo, 25 September at 12:30 CEST at SpareBank 1 Markets |
Bjergsted Terasse 1, Stavanger and 27 September at 11:00 at SpareBank 1 Markets
| Søndre Gate 4, Trondheim. Kindly register at corporateaccess@sb1markets.no.

For further information please contact CFO Birte Norheim, telephone +47 95 29 33
21.

Oslo, 18 September 2019

Nordic Mining ASA

About Nordic Mining ASA (www.nordicmining.com)

Nordic Mining ASA (“Nordic Mining” or the “Company”) 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 project development at Engebø on the
west coast of Norway where the Company has rights and permits to a substantial
eclogite deposit with rutile and garnet. Nordic Mining also holds 18.5% of the
shares in Keliber Oy, which is developing a lithium project in Finland to become
the first European producer of battery grade lithium hydroxide.

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, exploration of seabed minerals and high-purity quartz.

Nordic Mining is listed on Oslo Axess with ticker symbol “NOM”.

Kilde

TekBot · september 18, 2019, 6:05am

Updated company presentation and invitation to lunch presentations in Oslo, Stavanger and Trondheim

Nordic Mining ASA has updated its company presentation for investor meetings in
relation to the rights issue resolved by the general assembly on 13 September.
The presentation material is attached hereto.
…

Vis børsmeldingen

In connection with the rights issue, Nordic Mining would like to invite to the
following lunch presentations:

· 24 September at 10:00 CEST at SpareBank 1 Markets | Olav Vs Gate 5, Oslo
· 25 September at 12:30 CEST at SpareBank 1 Markets | Bjergested Terasse 1,
Stavanger
· 27 September at 11:00 at SpareBank 1 Markets | Søndre Gate 4, Trondheim

Kindly register at corporateaccess@sb1markets.no.

For further information please contact CFO Birte Norheim, telephone +47 95 29 33
21.

Oslo, 18 September 2019
Nordic Mining ASA
About Nordic Mining ASA (www.nordicmining.com)
Nordic Mining ASA (“Nordic Mining” or the “Company”) 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 project development at Engebø on the
west coast of Norway where the Company has rights and permits to a substantial
eclogite deposit with rutile and garnet. Nordic Mining also holds 18.5% of the
shares in Keliber Oy, which is developing a lithium project in Finland to become
the first European producer of battery grade lithium hydroxide.

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, exploration of seabed minerals and high-purity quartz.

Nordic Mining is listed on Oslo Axess with ticker symbol “NOM”.

Kilde

TekBot · september 18, 2019, 7:19am

OSLO BØRS - MATCHING HALT

busk1 · september 18, 2019, 7:21am

Nå er jeg spent

alano · september 18, 2019, 7:49am

Er utstedt feil antall tegningsretter i vps (for mange)

busk1 · september 18, 2019, 7:54am

Hvor ser du det?

Ser matching er gjenopptatt på børs, men ser ikke noen melding fra selskapet.

alano · september 18, 2019, 7:57am

Nei, men vet hva som er meldt markedsovervåking.

Men du ser jo om du har TR’er at det er delt på 0.17 ikke multiplisert…

busk1 · september 18, 2019, 8:01am

Jeg har fått 0.1738 TR per aksje.

Carbo · september 18, 2019, 8:03am

5,7 her

alano · september 18, 2019, 8:03am

Som er 1/0.17

TekBot · september 18, 2019, 8:04am

Nordic Mining ASA – Halt in trading of subscription rights

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES (OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL). THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.

Reference is made to the stock exchange announcement dated 18 September 2019 regarding the start of subscription period in the rights issue (the “Rights Issue”) in Nordic Mining ASA (the “Company”).
…

Vis børsmeldingen

Trading has been stopped in the subscription rights with ticker “NOM S” due to an error in distribution of subscription rights. As a result, eligible shareholders have been granted an excess amount of subscription rights relative to their pro-rata share.

We will revert with an updated release when the issue is resolved.
Nordic Mining is listed on Oslo Axess with ticker symbol “NOM”.

Kilde

busk1 · september 18, 2019, 8:20am

Det var da veldig klønete av vps/sparebank1.
Hva gjør de med de som har solgt overtildelingen sin? Må kjøpes tilbake i markedet og slettes?

Edit: Ser det bare er omsatt 168k tegningsretter så da blir det ikke rare squeezen uansett.

TekBot · september 18, 2019, 9:25am

Oslo Børs - Cancellation of trades in NOM S

TekBot · september 18, 2019, 1:27pm

Nordic Mining ASA - Allocation of Subscription Rights

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR
INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES (OR ANY OTHER
JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
…

Vis børsmeldingen

UNLAWFUL). THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE
SECURITIES DESCRIBED HEREIN.

Reference is made to the stock exchange announcement dated 18 September 2019
regarding halt in trading of subscription rights in the ongoing rights issue
(the “Rights Issue”) in Nordic Mining ASA.

The eligible shareholders have now been allocated subscription rights relative
to their pro-rata shareholding.

The period for trading in subscription rights and the subscription period for
the Rights Issue will be 18 September - 30 September, and 18 September - 2
October, respectively, as previously stated.

Nordic Mining is listed on Oslo Axess with ticker symbol “NOM”.
Oslo, 18 September 2019
Nordic Mining ASA

Kilde

TekBot · september 18, 2019, 1:35pm

OSLO BØRS - MATCHING HALT ENDS

TekBot · september 19, 2019, 2:15pm

Primary insiders subscribe shares in the Rights Issue

The following primary insiders have today subscribed for shares in the ongoing
Rights Issue in Nordic Mining as follows:

…

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±-------±----------± |Name |Position |Number of | | | | | | |n | | ±-------±----------± |Kjell |Chair of |13,044 |Roland |Board | ±-------±----------± |Kjell |Board |3,125 |Sletsjøe|member | ±-------±----------± |Ivar |CEO |Fossum | | ±-------±----------± |Birte |CFO |Norheim | | |(1) | | ±-------±----------± |Kenneth |Project |6,606 |N. |Mgr. Engebø| |Angedal | | ±-------±----------± |Mona |VP |Schanche|Exploration| ±-------±----------± |Steinar |Geologist |546 |Kleppe | | ±-------±----------± ------------±---------±----------±-----------------+
|Shares |Shares |Options in share |
|allocated |subscribed|owned prior|option scheme (2) |
| subscriptio| | to the | |
| |transaction| |
|rights | | | |
------------±---------±----------±-----------------+
|21,000 |75,027 |0 |
| | | |
------------±---------±----------±-----------------+
|143,000 |17,976 |0 |
| | | |
------------±---------±----------±-----------------+
|103,197 |103,197 |593,558 |1,050,000 |
| | | |
------------±---------±----------±-----------------+
|9,274 |11,656 |53,344 |575,000 |
| | | |
| | | |
------------±---------±----------±-----------------+
|14,285 |38,000 |400,000 |
| | | |
| | | |
------------±---------±----------±-----------------+
|5,920 |15,000 |34,053 |400,000 |
| | | |
------------±---------±----------±-----------------+
|1,000 |3,143 |175,000 |
| | | |
------------±---------±----------±-----------------+

(1) The shares are subscribed through, and existing shares are owned by, the
company Bino Consult AS

(2) Each option gives the right to subscribe for one share in Nordic Mining at a
subscription price of NOK 2.63 per share. The options must be exercised within
the earlier of date of the general meeting of Nordic Mining in 2022 and 30 June
2022

The subscription price is NOK 1.40 per share.

Shares subscribed based on subscription rights will be allocated to the
subscriber. In addition, subscribers may be allocated shares based on the
subscription for shares without subscription rights.

For further information, please contact Birte Norheim, CFO, telephone +47 95 29
33 21.

Oslo, 19 September 2019

Nordic Mining ASA

About Nordic Mining ASA (www.nordicmining.com)

Nordic Mining ASA (“Nordic Mining” or the “Company”) 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 project development at Engebø on the
west coast of Norway where the Company has rights and permits to a substantial
eclogite deposit with rutile and garnet. Nordic Mining also holds 18.5% of the
shares in Keliber Oy, which is developing a lithium project in Finland to become
the first European producer of battery grade lithium hydroxide.

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 seabed minerals and high-purity
quartz.

Nordic Mining is listed on Oslo Axess with ticker symbol “NOM”.

Kilde

busk1 · september 25, 2019, 9:01am

Positivt: De nye store batterifabrikkene i Europa og andre begynner å signere innkjøpsavtaler på litiumhydroksid. Kanskje vi kan begynne å spise opp noe av tilbudsoverskuddet som har bygd seg opp det siste året.

Negativt: Spotprisene er fortsatt lave og langt under de prisene som ligger til grunn for Keliber sin DFS.

Tianqi Lithium in supply deal with Sweden’s Northvolt (Fra Reuters)

China’s Tianqi Lithium Corp, one of the world’s biggest lithium producers, said on Tuesday that its Australian unit had signed a long-term supply agreement with Swedish battery maker Northvolt.
Tianqi Lithium Kwinana, which recently launched a processing plant in Western Australia, will supply lithium hydroxide, a chemical used in electric vehicle (EV) batteries, to Northvolt Ett from 2020-25, Tianqi said in a filing to the Shenzhen Stock Exchange. Northvolt Ett is the name of Northvolt’s planned lithiumion battery plant in northern Sweden. What will be Europe’s largest such plant is due to begin production in 2021 and counts German automakers Volkswagen and BMW among its investors.
The filing gave no absolute tonnage figure for the deal but said that the volume supplied each year would be no lower than 6-10% of Tianqi Kwinana’s annual capacity. The deal marks the second major customer win for Tianqi in a little more than a month. The company announced on Aug. 22 that it had signed up South Korea’s LG Chem on a three-year deal covering 2020-22 for no less than 15% of Kwinana’s annual capacity.
Tianqi Lithium Kwinana started production of lithium hydroxide this month, with its first phase output to ramp up to the full 24,000 tonnes a year over the next 12-18 months.
Capacity will double to 48,000 tonnes with a second stage, though Tianqi has put that on hold until the rampup of the first phase is complete because lithium prices remain depressed.
Amid a wave of new supply and adjustments to EV subsidies in China, lithium hydroxide prices, as assessed by industry information provider Asian Metal, have fallen by 36.8% this year to 67,000 yuan ($9,428.25) a tonne.

Dette skriver Keliber i sin oppdaterte DFS:

Average annual prices for the industrial grade lithium hydroxide are forecast to rise to
USD15 000/t (nominal) by 2025 and USD19 000/t by 2032, although there is expected to
be a weakening in prices in the period 2019 - 2022.
Battery-grade lithium hydroxide consumption has grown quickly over the last decade.
Reflecting the more limited supply options, battery-grade hydroxide has carried an even
larger premium to lithium carbonate than industrial-grade lithium hydroxide. In 2017
premium fell and a discount to industrial-grade hydroxide was around US$2,900/t, due to
the structure of contracts for battery-grade limited to a smaller number of parties on longterm contracts at lower prices. A premium is expected to re-emerge from 2018 as the
current high prices for industrial-grade hydroxide fall but battery-grade increases, with
prices falling into parity in the 2020s.
USD13 000/t is expected to be the new floor for average annual contract prices (nominal).
The nominal annual contract price for battery-grade lithium hydroxide is forecast to be
USD14 000/t in 2021 rising to USD21 000/t in 2032. Spot prices for battery-grade lithium
hydroxide in China are expected to be slightly higher, USD15 000/t in 2021 and
respectively USD22 000/t in 2032.