Green Minerals AS ( (DE:5IP) ) just unveiled an update.
Green Minerals AS has announced an underwritten rights issue to raise a minimum of NOK 5 million and a maximum of EUR 1 million, with a subscription price of NOK 2 per share. This financial move is intended to strengthen the company’s working capital, with the rights issue executed under an exemption from prospectus requirements, indicating confidence from major shareholders and potential positive development for its financial health.
More about Green Minerals AS
Green Minerals AS is a company focused on delivering minerals for the green energy transition through sustainable and responsible deep sea mining of critical minerals and rare earth elements. This approach aims to reduce the social and environmental costs associated with terrestrial mining, addressing strategic needs for the EU and the USA.
YTD Price Performance: -12.87%
Average Trading Volume: 1,290
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €4.65M
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