18.2.2025 12:47:57 CET | Green Minerals AS | Additional regulated information
required to be disclosed under the laws of a member state

NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN
OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR
ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.
THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES
DESCRIBED HEREIN.

Reference is made to the stock announcement published by Green Minerals AS
("GEM" or the "Company") earlier today, on 18 February 2025, regarding a
contemplated underwritten rights issue in the Company raising gross proceeds of
a minimum of NOK 5 million and a maximum of the NOK equivalent of EUR 1 million.
Key information relating to the Rights Issue is set out below. 



Date on which the terms and conditions of the preferential rights issue were
announced: 18 February 2025
Last day including rights: 19 February 2025
Ex-date: 20 February 2025
Record Date: 21 February 2025 (assuming normal T+2 settlement)
Date of approval: 18 February 2025.

Maximum number of new shares: 5,500,000 shares.
Subscription price: NOK 2.00.



Ratio preferential rights: Each existing shareholder as of 19 February 2025 (and
being registered as such in Euronext Securities Oslo, the Norwegian Central
Securities Depository (CSD) at the expiry of 21 February 2025 (the Record Date))
will be granted 2.66 subscription rights for each share registered as held by
the shareholder. The number of subscription rights granted to each existing
shareholder will be rounded down to the nearest whole subscription right.



Subscription ratio: 1:1 (number of new shares per subscription right)
Managers: Fearnley Securities AS
Will the rights be listed: No
ISIN for the preferential rights: NO0013484717

This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act and Euronext Growth Oslo Rule Book
part II.

Contacts 

 * Ståle Rodahl, Executive Chairman, Green Minerals AS, +47 4840 0593, 
staale.rodahl@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 critical

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 - http://www.greenminerals.no

 

Important information

 The release is not for publication or distribution, in whole or in part
directly

or indirectly, in or into Australia, Canada, Japan or the United States

(including its territories and possessions, any state of the United States and

the District of Columbia). This release is an announcement issued pursuant to

legal information obligations. It is issued for information purposes only, and

does not constitute or form part of any offer or solicitation to purchase or

subscribe for securities, in the United States or in any other jurisdiction. The

securities mentioned herein have not been, and will not be, registered under the

United States Securities Act of 1933, as amended (the "US Securities Act"). The

securities may not be offered or sold in the United States except pursuant to an

exemption from the registration requirements of the US Securities Act.

 

The Company does not intend to register any portion of the offering of the

securities in the United States or to conduct a public offering of the

securities in the United States. Copies of this announcement are not being made

and may not be distributed or sent into Australia, Canada, Japan or the United

States.

 

Any offering of the securities referred to in this announcement will be made by

means of public information and in reliance on relevant prospectus exemptions.

This announcement is an advertisement and is not a prospectus for the purposes

of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14

June 2017 on prospectuses to be published when securities are offered to the

public or admitted to trading on a regulated market, and repealing Directive

2003/71/EC (as amended) as implemented in any Member State. Investors should not

subscribe for any securities referred to in this announcement except on the

basis of such information which the Company has placed in the public domain.

 

The issue, subscription or purchase of shares in the Company is subject to

specific legal or regulatory restrictions in certain jurisdictions. Neither the

Company nor the managers assume any responsibility in the event there is a

violation by any person of such restrictions. The distribution of this release

may in certain jurisdictions be restricted by law. Persons into whose possession

this release comes should inform themselves about and observe any such

restrictions. Any failure to comply with these restrictions may constitute a

violation of the securities laws of any such jurisdiction.

 

The managers are acting for the Company and no one else in connection with the

Rights Issue and will not be responsible to anyone other than the Company

providing the protections afforded to their respective clients or for providing

advice in relation to the offering and/or any other matter referred to in this

release.

 

Forward-looking statements: This release and any materials distributed in

connection with this release may contain certain forward-looking statements. By

their nature, forward-looking statements involve risk and uncertainty because

they reflect the Company's current expectations and assumptions as to future

events and circumstances that may not prove accurate. A number of material

factors could cause actual results and developments to differ materially from

those expressed or implied by these forward-looking statements.

 

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.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17848272/18426231/5644/Download%20announce
ment%20as%20PDF.pdf