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Land | Norge |
---|---|
Lista | Euronext Growth Oslo |
Sektor | Råvaror |
Industri | Gruvdrift & metaller |
2025-06-23 07:39:59
23.6.2025 07:39:56 CEST | Green Minerals AS | Additional regulated information
required to be disclosed under the laws of a member state
Oslo, 23 June 2025 -Green Minerals AS ("the Company"), a pioneer in deep sea
mining and sustainable mineral extraction, today announces the adoption of a
Bitcoin Treasury Strategy as part of its overall blockchain strategy. This
forward-thinking financial approach is designed to diversify the company's
treasury away from traditional fiat currencies, which face increasing risks due
to inflation and geopolitical uncertainty.
In today's volatile economic climate, resilience is paramount. "In this era of
significant monetary expansion, maintaining a strong balance sheet is more
critical than ever," said Executive Chairman Ståle Rodahl of Green Minerals.
"Bitcoin's decentralized, non-inflationary properties make it an attractive
alternative to traditional fiat. By integrating a Bitcoin Treasury Strategy, we
are not only mitigating fiat risks but also reaffirming our commitment to
financial innovation and the sustainable creation of long-term value. This
approach is particularly well suited for a company with such a long project
horizon as Green Minerals. With significant future capital expenditures planned
for the production equipment, the program offers a robust hedge against currency
debasement".
Green Minerals has set an ambitious target: to together with its partners
finance up to USD 1.2 billion with programs designed to increase its Bitcoin
Treasury exposure forming a cornerstone of the financing. This strategic goal is
aligned with the first HEDSM to be launched by our "Partnership for Responsible
Production" and underscores the Company's determination to leverage digital
assets as a core component of its financial structure and future growth.
Furthermore, Green Minerals emphasizes that its core operational strategy
remains steadfast-the Bitcoin Treasury program is implemented to support the
company's project plans. Green Minerals also sees that blockchain technology has
an important role to play in mining to ensure supply chain transparency, mineral
origin certification and operational efficiency. Green Minerals aims to adopt
blockchain technology throughout the value chain to stay in the forefront of
competition and any future regulatory requirements.
Green Minerals aims to optimize the implementation of its Bitcoin Treasury
strategy in collaboration with renowned bitcoin expertise. To this end, Green
Minerals will establish a transparent and secure framework for the acquisition,
management, and reporting of Bitcoin holdings. To ensure accountability, a key
performance indicator (KPI) - Bitcoin per share (BTC/share) - will be
introduced. This new metric will provide shareholders with clear insights into
the digital asset value attributable to each share.
Green Minerals is committed to full transparency in the rollout of this
innovative strategy. The company will provide regular updates to the market on
the progress and implementation of the Bitcoin Treasury Strategy, ensuring that
investors remain well informed about its development and performance. The
Company aims to acquire its first bitcoins over the next few days.
This strategic move reinforces Green Minerals' position not only as a leader in
sustainable mineral extraction but also as an innovator in financial and
technological practices. The company invites all stakeholders to monitor the
forthcoming updates as it paves the way towards broader blockchain adoption.
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
* Investor Relations, Green Minerals AS, ir@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/17848272/18575239/6235/Download%20announce
ment%20as%20PDF.pdf