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ElectroMagnetic GeoServices ASA ( (DE:E2M) ) just unveiled an announcement.
At the annual general meeting of EMGS held on June 19, 2025, all agenda items were approved as per the board’s and Nomination Committee’s recommendations. The meeting resulted in the election of new board members, including Kenneth Ross as Chairman, which may influence the company’s strategic direction and market positioning. This development is significant for stakeholders as it could impact the company’s operations and future initiatives in both the hydrocarbon exploration and emerging marine mineral detection markets.
More about ElectroMagnetic GeoServices ASA
ElectroMagnetic GeoServices ASA (EMGS) is a leader in the marine electromagnetic (EM) market, providing technology that aids oil and gas companies in offshore hydrocarbon exploration. Their services cover survey design, data acquisition, processing, and interpretation, integrating EM data with seismic and other geophysical information to enhance exploration efficiency and reduce costs. EMGS is also exploring the use of their technology for detecting and estimating marine mineral deposits.
Average Trading Volume: 151,702
Current Market Cap: NOK227.9M
Learn more about E2M stock on TipRanks’ Stock Analysis page.