Green Minerals AS: Q4 report

Oslo, Norway – 18 February 2025 – Green Minerals AS (“the Company”) is pleased to announce its Q4 2024 report. The report is attached to this release.

Green Minerals is a specialized deep-sea mining company focused on exploring and extracting critical minerals essential for advancing the green transition. In early December the Government announced a delay in the first licensing round for seabed mineral activities. The license round in now expected in 4Q/2025 with license awards in 2Q/2026. In response, Green Minerals has taken measures to reduce the annual spending rate, and the Company has started to prepare the license application. The Company announced on December 30 that Øivind Dahl-Stamnes will replace Ståle Monstad as CEO in Green Minerals effective January 1, 2025.

The Q4 report, the slides from the presentation, and a recording of the webinar will be available on the Company’s website www.greenminerals.no

AUDIOCAST INFORMATION:
Date: 18 February 2024
Time: 10:00 CEST
Link: https://msteams.link/8EZJ

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.

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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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