Key points
- Green Minerals AS closed the Put Option Notice issued to LDA Capital, referenced in the 3 July 2025 press release.
- The Board increased share capital from NOK 60,379.2 to NOK 60,604.2 by issuing 75,000 new shares at NOK 0.003 par value.
- LDA Capital fully subscribed the new shares at a subscription price of NOK 3.22 per share.
- Proceeds will support the Company’s deep sea mineral objectives by mitigating fiat currency risk, per the treasury strategy announced 23 June 2025.
Oslo, 18 August 2025 – Reference is made to the 3 July 2025 press release regarding issuance of a Put Option Notice to LDA Capital. Green Minerals AS (“the Company”) today announces that it has closed the Put Option Notice. Pursuant to the authorisation granted by the Company’s general meeting held on 17 June 2025, the Company’s Board has made the resolution to increase the share capital from NOK 60379,2 to NOK 60604,2 through the issue of 75,000 new shares, each at par value NOK 0,003, fully subscribed by LDA Capital at a subscription price of NOK 3.22 per share.
The proceeds will be applied in accordance with the Company’s treasury strategy which aims to support its deep sea mineral objectives by mitigating fiat currency risk, as announced by the Company on 23 June 2025.
