Correction: Green Minerals AS: Notification of primary insider and disclosure of large shareholdings

25 Jan 2023 14:28 CET

25.1.2023 14:28:48 CET | Green Minerals AS | Mandatory notification of trade
primary insiders

Asker, Norway - 25 January 2023 - Reference is made to the stock exchange notice
by Seabird Exploration Plc ("SBX") on 12 January 2023 regarding the distribution
of SBX shareholding in Green Minerals AS (the "Company").



The following primary insiders in the Company were distributed Green Minerals AS
shares in the distribution:

* Executive Chairman of the Board Ståle Rodahl, through his wholly owned company
Storfjell AS, has received 271,314 shares. Following the transaction, Mr. Rodahl
will own 479,714 shares representing 3.42% of the issued share capital and
300,000 options and warrants in the Company.
* Board member Øivind Dahl-Stamnes has received 3,600 shares. Following the
transaction, together with its wholly owned company Dorris AS, he will own
24,200 shares representing 0.17% of the issued share capital and 100,000 options
and warrants in the Company.
* CFO Sveinung Alvestad has recived 3,736 shares. Following the transaction, he
will own 3,736 shares in the Company representing 0.03% of the issued share
capital.



The following investors have reached threshold for disclosure of large
shareholding in Green Minerals AS in connection with the share distribution:

* Seabird Exploration Plc has distributed 6,704,327 shares and will following
the transaction hold 446,801 shares representing 3.18% of the issued share
capital in the Company.
* Anderson Invest AS has received 468,286 shares and will following the
transaction hold 1,110,766 shares representing 7.91% of the issued share capital
in the Company.
* MH Capital AS has received 639,550 shares and will following the transaction
hold 789,550 shares representing 5.62% of the issued share capital in the
Company.



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

* Sveinung Alvestad, Chief Finance Officer, Green Minerals AS, +47 952 90 460,
sveinung.alvestad@greenminerals.no

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 -
http://www.greenminerals.no

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17848272/2058/2744/Download%20announcement
%20as%20PDF.pdf

20230125 _Mandatory notification of trade _ ALVESTAD.pdf -
https://kommunikasjon.ntb.no/ir-files/17848272/2058/2741/20230125%20_Mandatory%2
0notification%20of%20trade%20_%20ALVESTAD.pdf

20230125 _ Mandatory notification of trade _ DAHL_STAMNES.pdf -
https://kommunikasjon.ntb.no/ir-files/17848272/2058/2742/20230125%20_%20Mandator
y%20notification%20of%20trade%20_%20DAHL_STAMNES.pdf

20230125 _ Mandatory notification of trade _ RODAHL.pdf -
https://kommunikasjon.ntb.no/ir-files/17848272/2058/2743/20230125%20_%20Mandator
y%20notification%20of%20trade%20_%20RODAHL.pdf

ORIGINAL RELEASE

Green Minerals AS: Notification of primary insider and disclosure of large
shareholdings -
https://kommunikasjon.ntb.no/announcement?publisherId=17848272&announcementId=20
57&lang=en

More information:
Access the news on Oslo Bors NewsWeb site

580723_en_20230125 _ Mandatory notification of trade _ RODAHL.pdf
580723_en_Download announcement as PDF.pdf
580723_en_20230125 _Mandatory notification of trade _ ALVESTAD.pdf
580723_en_20230125 _ Mandatory notification of trade _ DAHL_STAMNES.pdf