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The latest update is out from Green Minerals AS ( (DE:5IP) ).
Green Minerals AS has announced a correction to its previously issued statement regarding a rights issue aimed at raising between NOK 5 million and EUR 1 million. The corrected preferential rights ratio is one subscription right per 2.66 shares held, with a subscription price set at NOK 2.00 per share. This rights issue, approved on 18 February 2025, will not have the rights listed, and it is managed by Fearnley Securities AS. This move could potentially strengthen Green Minerals’ financial position as it continues its commitment to sustainable mining practices.
More about Green Minerals AS
Green Minerals AS is focused on delivering minerals essential for the green energy transition through sustainable deep sea mining of critical minerals and rare earth elements. This approach aims to reduce the social and environmental impacts typically associated with terrestrial mining, while addressing strategic mineral needs for the EU and USA.
YTD Price Performance: -4.95%
Average Trading Volume: 1,290
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €4.52M
See more data about 5IP stock on TipRanks’ Stock Analysis page.