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Green Minerals AS ( (DE:5IP) ) has shared an announcement.
Green Minerals AS announced the successful oversubscription of its rights issue, which involved the issuance of up to 5.5 million new shares at NOK 2 per share. The final allocation of shares is set for March 12, 2025, with payments due by March 14, 2025. This development is expected to bolster the company’s financial position and support its operations in the deep sea mining industry.
More about Green Minerals AS
Green Minerals AS is engaged in the sustainable extraction of minerals essential for the green energy transition, focusing on deep sea mining of critical minerals and rare earth elements. This approach aims to minimize the social and environmental impacts associated with terrestrial mining, while addressing strategic mineral needs for the EU and the USA.
YTD Price Performance: -48.28%
Average Trading Volume: 70
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €3.77M
See more insights into 5IP stock on TipRanks’ Stock Analysis page.