Reference is made to the stock announcement published by Green Minerals AS («GEM» or the «Company») earlier today, on 18 February 2025, regarding a contemplated underwritten rights issue in the Company raising gross proceeds of a minimum of NOK 5 million and a maximum of the NOK equivalent of EUR 1 million. Unfortunately, the ratio of preferential rights was inverted. The correct ratio is one subscription right per 2.66 shares held. We apologize for any inconvenience this may have caused. Key information relating to the Rights Issue is set out below.
Date on which the terms and conditions of the preferential rights issue were announced: 18 February 2025.
Last day including rights: 19 February 2025.
Ex-date: 20 February 2025.
Record Date: 21 February 2025 (assuming normal T+2 settlement).
Date of approval: 18 February 2025.
Maximum number of new shares: 5,500,000 shares.
Subscription price: NOK 2.00.
Ratio preferential rights: Each existing shareholder as of 19 February 2025 (and being registered as such in Euronext Securities Oslo, the Norwegian Central Securities Depository (CSD) at the expiry of 21 February 2025 (the Record Date)) will be granted one subscription right for each 2.66 shares registered as held by the shareholder. The number of subscription rights granted to each existing shareholder will be rounded down to the nearest whole subscription right.
Subscription ratio: 1:1 (number of new shares per subscription right).
Managers: Fearnley Securities AS.
Will the rights be listed: No.
ISIN for the preferential rights: NO0013484717.
This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act and Euronext Growth Oslo Rule Book part II.
