Brief: Nordic Mining Says Faces Immediate Liquidity Shortfall

Nordic Mining ASA

18/08/2026 07:03

Aug 18 (Reuters) - Nordic Mining ASA NOM.OL:
NORDIC MINING Q2 EBIT NOK -154.3 MILLION
FACES AN IMMEDIATE LIQUIDITY SHORTFALL AND IS WORKING TO SECURE USD 10-15 MILLION TO FUND OPERATIONS THROUGH TO NOVEMBER 2026
LONG-TERM AMBITION REMAINS INTACT, WITH ENGEBØ EXPECTED TO GENERATE SIGNIFICANT FREE CASH FLOW ONCE OPERATING AT CAPACITY
Q2 OPERATING EXPENSES OF NOK 122.1 MILLION
IS LEAVING ITS CAPITAL-INTENSIVE STAGE AND IS NOW IN A RAMP-UP PHASE AT ENGEBØ
Source text: ID:nObiJQCCHa
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