Management changes in Nordic Mines

27 oktober 2016

PRESS RELEASE, 27 October 2016

Nordic Mines AB (publ) has appointed Ludmilla Lundberg as Senior Advisor, Compliance & Reporting. Ludmilla comes with 20 years of experience in compliance and reporting with positions as financial controller and chief economist in large listed companies, including Skanska, SEB, and ABB, as well as in Vattenfall.

Ludmilla was also the acting CFO of a listed mining company, Copperstone Resources AB.

Ludmilla's vast experience will greatly strengthen Nordic Mines. The company have recently appointed a new CFO and a new Head of Corporate Communications and Investor Relations.

With these new additions to the management, the board judges that Nordic Mines has been further strengthened. The potential now exists to implement Nordic Mines strategies for the future.

Eva Kaiser, previous Senior Advisor in the board, has resigned from her position in Nordic Mines.

For additional information, please contact:

D. Saradhi Rajan, CEO: +44 743 271 1564

For more information about Nordic Mines, please visit; www.nordicmines.com .

This information is Nordic Mines AB (publ) obliged to make public pursuant to the EU Market Abuse Regulation, the Swedish Securities Market Act and Financial Instruments Trading Act. The information was submitted for publication, through the agency of the contact person set out above, at 11:30 a.m. CEST on 27 October 2016.

Nordic Mines is a Nordic mining and exploration company. The Laiva mine in Finland produced gold between 2011 and 2014. The deposit is among the largest in the Nordic region. Nordic Mines is a member of SveMin and applies its reporting regulations for public mining and exploration companies. The Nordic Mines share has been admitted for trading on Nasdaq Stockholm's Small Cap list. For further information, see www.nordicmines.com .

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