Green Minerals AS ( (DE:5IP) ) has issued an announcement.
Green Minerals AS has announced a contemplated underwritten rights issue to raise gross proceeds between NOK 5 million and EUR 1 million. This move is part of the company’s financial strategy to enhance its operations and strengthen its market position in providing sustainable mining solutions. The rights issue offers existing shareholders subscription rights at a price of NOK 2.00 per share, with the potential to issue up to 5.5 million new shares, although these rights will not be listed on any exchange.
More about Green Minerals AS
Green Minerals AS is dedicated to providing minerals crucial for the green energy transition through deep sea mining of critical minerals and rare earth elements (REE). The company’s operations aim to significantly reduce the environmental and social costs associated with terrestrial mining, while addressing strategic resource 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: €4.52M
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