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

01 Aug 2024 15:01 CEST

1.8.2024 15:01:31 CEST | Green Minerals AS | Total number of voting rights and
capital

Oslo, Norway - 1 August 2024 - Reference is made to the 29 August 2022 and 30
June 2023 press releases regarding a MoU with Oil States Industries (UK) Ltd
("OSI"). Green Minerals (the "Company") has today issued the final tranche of
shares to OSI at NOK 15 per share. The shares are expected to be registered with
VPS shortly. Following this transaction, OSI holds 580,000 shares or
approximately 4.0% of the issued shares in the Company.

The share capital increase has been registered with the Norwegian Register of
Business Enterprises. The new registered share capital of the Company is NOK
43,879.20 divided on 14,626,400 shares, each with a par value of NOK 0.003.

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 Monstad, CEO, Green Minerals AS, +47 915 54 644,
staale.monstad@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/17848272/18189651/4805/Download%20announce
ment%20as%20PDF.pdf

More information:
Access the news on Oslo Bors NewsWeb site

624403_Download announcement as PDF.pdf