Mr. Michael Hepworth reports

NORDIC GOLD PROVIDES PRODUCTION AND FINANCING UPDATE

Nordic Gold Inc., since starting production on Nov. 30, 2018, has poured and sold 8,238 ounces of gold.

In addition, Pandion Mine Finance has agreed to finance the company during the care and maintenance period via a series of monthly loans to cover the costs of care and maintenance. The loan requirements will be reviewed each month and, if conditions precedent is met, finances provided will bear interest at 12 per cent per annum.

Management continues to source finances to recapitalize the company and are in advanced discussions with several parties interested in refinancing existing facilities, conducting exploration and upgrading the resource. Jett Capital Advisors LLC of New York has also introduced Nordic to several interested parties. Currently five non-disclosure agreements are in place to enable interested parties to conduct due diligence. Interested parties range from major and junior gold producers, to large mining funds and investment groups.

The process of engaging another contractor has begun. A scope of work has been issued and several competitively priced proposals have been received.

About Nordic Gold Inc.

Nordic Gold is a junior mining company with a near-production gold mine in Finland. The Laiva gold mine is fully built, fully permitted and financed to production via a gold forward sale agreement.

We seek Safe Harbor.