Nordic Mining (ticker: NOM) is pleased to announce its successful transfer from Euronext Expand Oslo to Euronext Oslo Børs, marking a milestone in the company’s journey since its initial listing in 2007.
As a leading Norwegian minerals company, Nordic Mining specialises in the development of industrial minerals. The company is in the final stages of completing its facility at Engebø on Norway’s west coast, with production of rutile and garnet expected to commence before the end of the year.
The opening share price on Euronext Oslo Børs was NOK 25.72, based on the closing price on Euronext Expand Oslo as of 25 November 2024, giving Nordic Mining an estimated market capitalisation of NOK 2.78 billion.
Ivar S. Fossum, CEO of Nordic Mining, commented:
“We are proud to have successfully uplisted to Euronext Oslo Børs, a significant achievement for Nordic Mining and our team. This transfer underscores our operational progress at the Engebø deposit and highlights our readiness to begin production. Being part of the main market strengthens our position and provides a solid foundation for further growth.”
Nordic Mining thanks its shareholders and stakeholders for their continued support as the company embarks on this exciting new chapter.