License update

22 Apr 2025 07:00 CEST

22.4.2025 07:00:00 CEST | Green Minerals AS | Additional regulated information
required to be disclosed under the laws of a member state

Reference is made to the 20 January 2023 press release regarding Green Minerals
("the Company") Memorandum of Understanding ("MoU") for a license in the Clarion
Clipperton Zone ("CCZ"). The Company is pleased to announce that it has signed
an extension of the MoU, enabling the Company to obtain its first license for
marine minerals.

The license is in the CCZ in the Pacific Ocean and preliminary assessment of the
resource base is encouraging. Exploration data indicates a significant resource
on a global scale with more than 200 Mt of measured, indicated and inferred wet
nodules combined over the license area. "With this agreement, the Company
extends its partnership with a competent and renowned international license
holder to further develop a license in one of the most prospective resource
areas in the world" commented Ståle Rodahl, Executive Chairman of Green
Minerals. The MoU has been extended until 2027.



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

* Øivind Dahl-Stamnes, CEO, Green Minerals AS, +47 952 11 986,
oivind.dahlstamnes@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/17848272/18499232/5952/Download%20announce
ment%20as%20PDF.pdf

More information:
Access the news on Oslo Bors NewsWeb site

643997_Download announcement as PDF.pdf