Green Minerals AS: Directed equity issue to Oil States Industries (UK) Ltd

Oslo, Norway – 30 June 2023 – Reference is made to the 29 August 2022 press release regarding a MoU with Oil States Industries (UK) Ltd (“OSI”). Green Minerals AS (the “Company”) has today issued the first tranche of shares to OSI at NOK 15 per share. The shares are expected to be registered with VPS shortly. Two more tranches are planned over the next few months, taking OSI`s ownership in Green Minerals AS to 4,1%.

 

Disclosure regulation

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.

Contacts

  • Ståle Rodahl, Executive Chairman, Green Minerals AS, +47 484 00 593, [email protected]

About Green Minerals AS

Green Minerals AS mission is to deliver minerals for the green energy transition in a responsible and sustainable manner through deep sea mining of key minerals and rare earth elements (REE). This significantly reduces the social and environmental costs found in terrestrial mining while at the same time solving a strategic need for EU and the USA. For more, visit www.greenminerals.no

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