Green Minerals AS: Share Capital Increase Registered

Asker, Norway – 30 September 2022 – Reference is made to the stock exchange notice from Green Minerals AS (the «Company») dated 1 September 2022 regarding completion of a private placement of 1,160,000 new shares in the Company, raising gross proceeds of NOK 11.6 million (the «Private Placement»).

The share capital increase pertaining to the Private Placement has been registered with the Norwegian Register of Business Enterprises. The new registered share capital of the Company is NOK 42,139.20 divided on 14,046,400 shares, each with a par value of NOK 0.003.

 

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This information is subject to the disclosure requirements in article 19 of the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

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About Green Minerals AS

Green Minerals AS is a pioneer in marine minerals on the Norwegian Continental Shelf. Our mission is to deliver minerals for the green energy transition in a responsible and sustainable manner, thereby lowering the environmental impact and reducing the social costs from onshore mining. The Company targets a NOK 1,000bn resource potential on the NCS and expects pilot production to commence in 2026. For more, visit www.greenminerals.no

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