13.3.2025 06:51:36 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.
Oslo, 13 March 2025 : Reference is made to the stock exchange announcement
published by Green Minerals AS (the "Company") on 11 March 2025 regarding the
preliminary results of an underwritten rights issue of up to 5.5 million new
shares in the Company (the "Offer Shares"), at a subscription price of NOK 2 per
share (the "Rights Issue").
The subscription period for the Rights Issue expired on 11 March 2025 at 16:30
hours (CET). At the expiry of the subscription period in the Rights Issue, the
Company had received valid subscriptions exceeding the maximum number of Offer
Shares. The final allocation of the Offer Shares in the Rights Issue has been
completed, and the board of directors of the Company has allocated a total of
5.5 million Offer Shares in the Rights Issue, all of which were allocated based
on valid subscriptions and no Offer Shares were consequently allocated to the
underwriters.
The due date for payment of the Offer Shares is 14 March 2025. The Offer Shares
may not be transferred or traded before they have been fully paid and the share
capital increase pertaining to the Rights Issue has been registered with the
Norwegian Register of Business Enterprises (Nw. Foretaksregisteret).
Fearnley Securities AS was retained as manager for the Rights Issue.
Advokatfirmaet Schjødt AS is legal advisor to the Company.
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, and was published by Sveinung Alvestad, CFO, at the date and time provided.
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 manager is 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.
CONTACTS
* Ståle Rodahl, Executive Chairman, Green Minerals AS, +47 4840 0593,
staale.rodahl@greenminerals.no
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17848272/18454611/5773/Download%20announce
ment%20as%20PDF.pdf