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Nickel Mountain Group AB: NMG - New shares tradable on Oslo Børs

Press release dated 2015-12-30

Reference is made to the stock exchange announcement dated 28 December
2015 regarding the share capital increase in Nickel Mountain Group AB
(publ.) (the "Company", ticker "NMG") in connection to the subsequent
repair offering of 60,000,000 shares (the "Repair Shares").

The Repair Shares have been registered in the Norwegian Central
Securities Depository and are tradable on the Oslo Stock Exchange
under the trading symbol "NMG".

For and on behalf of the Board of Directors of Nickel Mountain Group

Torbjorn Ranta

For information, please contact Torbjorn Ranta


Tel: + 46 8 402 28 00

Cell Phone: +46 708 855504

Cautionary Statement: Statements and assumptions made in this document
with respect to Nickel Mountain Group AB's ("NMG") current plans,
estimates, strategies and beliefs, and other statements that are not
historical facts, are forward-looking statements about the future
performance of NMG. Forward-looking statements include, but are not
limited to, those using words such as "may", "might", "seeks",
"expects", "anticipates", "estimates", "believes", "projects",
"plans", strategy", "forecast" and similar expressions. These
statements reflect management's expectations and assumptions in light
of currently available information. They are subject to a number of
risks and uncertainties, including, but not limited to, (i) changes
in the economic, regulatory and political environments in the
countries where NMG operates; (ii) changes relating to the geological
information available in respect of the various projects undertaken;
(iii) NMG's continued ability to secure enough financing to carry on
its operations as a going concern; (iv) the success of its potential
joint ventures and alliances, if any; (v) metal prices, particularly
as regards nickel. In the light of the many risks and uncertainties
surrounding any mineral project at an early stage of its development,
the actual results could differ materially from those presented and
forecast in this document. NMG assumes no unconditional obligation to
immediately update any such statements and/or forecasts.


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