Oslo, 17 June 2024: Reference is made to the stock exchange announcement by
Norsk Titanium AS (the "Company") published on 6 June 2024 regarding the final
results of a subsequent offering (the "Subsequent Offering") of 11,000,000 new
shares in the Company (the "Offer Shares"). 

The registration of the share capital relating to Subsequent Offering has been
completed with the Norwegian Register of Business Enterprises. The Company's new
registered share capital is NOK 51,009,200.16 divided into 637,615,002 shares,
each with a nominal value of NOK 0.08. Each share represents one vote in the
Company's general meeting.

The Offer Shares are expected to be issued and registered in the Norwegian
Central Securities Depository ("VPS") and delivered to investors on 19 June
2024. Trading in the Offer Shares on Euronext Growth Oslo with ordinary T+2
settlement may begin accordingly.

For more information, please contact:

Ashar Ashary, CFO Norsk Titanium AS 
Email: Ashar.Ashary@norsktitanium.com 
Tel: +1 518 556 8966

This information is published in accordance with the requirements of the
Continuing Obligations for companies listed on Euronext Growth Oslo and section
5-12 of the Norwegian Securities Trading Act.

About Norsk Titanium:

Norsk Titanium is a global leader in metal 3D printing, innovating the future of
metal manufacturing by enabling a paradigm shift to a clean and sustainable
manufacturing process. With its proprietary Rapid Plasma Deposition® (RPD®)
technology and installed production capacity to generate annual revenues of
approximately USD 300 million, Norsk Titanium offers cost-efficient 3D printing
of value-added metal parts to a large addressable market. RPD® technology uses
significantly less raw material, energy, and time than traditional
energy-intensive forming methods, presenting customers with an opportunity to
better manage input costs, logistics, and environmental impact. RPD® printed
parts are already flying on commercial aircraft, and Norsk Titanium has gained
significant traction with large defense and industrial customers.

For the latest news, go to www.norsktitanium.com or follow us on LinkedIn.

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