Green Minerals receives Government development grant from Forskningsrådet

Key points

  • Forskningsrådet granted Green Minerals AS development support of NOK 3.6 million through the Skattefunn scheme.
  • The risk-reduction funding backs development of the company’s exploration methodology, including prospectivity modelling and technology mapping.
  • Forskningsrådet is one of the Norwegian Government’s key vehicles for financing innovation and research projects.
  • Ståle Rodahl, Executive Chairman of Green Minerals AS, said the grant reflects cooperation between companies, academia, investors and authorities.

Green Minerals AS (“The Company”) today announces that Forskningsrådet, one of

the Norwegian Government’s key vehicles to help finance innovation- and research

projects, has granted development support of NOK 3,6m to the Company through

Skattefunn. The risk-reduction support is provided towards development of the

Company’s exploration methodology incl prospectivity modelling and technology

mapping, selection and development.

“We are pleased to receive this grant from Forskningsrådet, and see a strong

cooperation between companies, academia, investors and authorities as pivotal in

unlocking the potential this industry can have for Norway” says Ståle Rodahl,

Executive Chairman of Green Minerals AS.

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