Green Minerals AS: Fourth-Quarter Results 2023

Oslo, Norway – 22 February 2024 – Green Minerals AS (“the Company”) announced today results for the fourth quarter of 2023 which ended 31 December 2023.

Q4 HIGHLIGHTS:

  • Underlying EBITDA of NOK -2.5 million (NOK -2.4 million prior year quarter)
  • On January 9th, the Norwegian Parliament decided to open the Norwegian sector for mineral activities by an 80-20 majority vote
  • Two major discoveries were reported during the quarter in the Norwegian sector. Confirms two different play models
  • Green Minerals signed an extension to the MoU on a large nodule license in CCZ
  • Final results from processing studies at GTK (Finland) confirm blendability between SMS and onshore copper ore

Please find the presentation attached.

AUDIOCAST INFORMATION:

Date: 22 February 2024

Time: 10:00 CEST

Link: https://msteams.link/AWS6

There will be a Q&A session at the end of the presentation, and written questions can be submitted through the audiocast solution. To join the live audiocast, follow the link above. Please note that a recorded version will be available shortly after the presentation.

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