Green Minerals AS (“The Company”) today announces that Forskningsrådet, one of
the Norwegian Government’s key vehicles to help finance innovation- and research
projects, has granted development support of NOK 3,6m to the Company through
Skattefunn. The risk-reduction support is provided towards development of the
Company’s exploration methodology incl prospectivity modelling and technology
mapping, selection and development.
“We are pleased to receive this grant from Forskningsrådet, and see a strong
cooperation between companies, academia, investors and authorities as pivotal in
unlocking the potential this industry can have for Norway” says Ståle Rodahl,
Executive Chairman of Green Minerals AS.

Contacts:
Ståle Rodahl
Executive Chairman
Ph: +47 4840 0593