Green Minerals AS: Blocks for 1st licensing round nominated

Key points

  • Green Minerals AS submitted its nomination for blocks for the 1st licensing round for marine minerals within the Norwegian Exclusive Economic Zone on May 21, 2024.
  • The nomination was submitted to the Norwegian Offshore Directorate.
  • The nomination covered all play models within the opened acreage, including blocks in areas shown to be highly prospective.
  • The Company expects to submit its license application in Q3 2024, with licenses set to be awarded in early 2025.

Oslo, Norway – 22 May 2024 – Reference is made to the 30 April 2024 press release. Green Minerals AS («the Company») is pleased to share that the Company on May 21 submitted its nomination for blocks for the 1st licensing round for marine minerals within the Norwegian Exclusive Economic Zone to the Norwegian Offshore Directorate. The nomination encompassed all the various play models within the opened acreage, including blocks in areas demonstrated to be highly prospective.

The Company expects to submit its application for license in Q3 2024 with licenses set to be awarded early in 2025.

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