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Green Minerals AS ( (DE:5IP) ) has provided an update.
Green Minerals AS has entered into a NOK 250 million structured financing agreement with LDA Capital, providing the company with a put option to issue new shares flexibly, optimizing shareholder value. This partnership enhances Green Minerals’ ability to fund growth and align with its goal of increasing Bitcoin per share, leveraging LDA’s extensive network and expertise in digital asset treasury strategies.
More about Green Minerals AS
Green Minerals AS is a pioneer in deep sea mining and sustainable minerals extraction, focusing on delivering minerals for the green energy transition. The company aims to reduce the social and environmental costs associated with terrestrial mining by extracting key minerals and rare earth elements from the sea, addressing strategic needs for the EU and the USA. Additionally, Green Minerals is expanding its exposure to digital assets through its Bitcoin Treasury strategy.
Average Trading Volume: 321,042
Current Market Cap: NOK77.49M
For detailed information about 5IP stock, go to TipRanks’ Stock Analysis page.