Green Minerals AS – Q2 2021 report

Please find enclosed the Green Minerals AS second quarter 2021 report and

presentation.

Highlights:

• Granted development support from Forskningsrådet for three separate projects

related to development of the company’s exploration and production methodology.

The total support amounts to NOK 16.5 million

• Agreement involving the Project ULTRA signed with National Oceanography Centre

and

University of Southampton

• Ståle Monstad named as Chief Geoscientist & Head of Exploration

The Company will present an update including their financial results for the

second quarter of 2021 today at 08:00 CEST. The presentation will be transmitted

live and a recorded version will be available shortly thereafter. Please use the

following link to join the webcast:

https://teams.microsoft.com/l/meetup-join/19%3ameeting_YTYwOTA5NmEtZDlkOS00MmQzLTgzNDEtNmIwMmFmZjM5MzYw%40thread.v2/0?context=%7b%22Tid%22%3a%2265f51067-7d65-4aa9-b996-4cc43a0d7111%22%2c%22Oid%22%3a%22473e7d3b-5f4f-4129-845f-e97d4b42a85e%22%2c%22IsBroadcastMeeting%22%3atrue%7d&btype=a&role=a

ABOUT GREEN MINERALS:

Green Minerals AS is a pioneer in marine minerals on the Norwegian Continental

Shelf. Our mission is to deliver minerals for the green energy transition in a

responsible and sustainable manner, thereby lowering the environmental impact

and reducing the social costs from onshore mining. The Company targets a NOK

700bn resource potential on the NCS and expects pilot production to commence in

2026. For more, visit www.greenminerals.no

Q2-2021-report-23.07.2021-1

538541_Green Minerals Q2 2021 presentation.pdf