Green Minerals — Earnings Release 2023

Aug 17, 2023

Green Minerals AS: Second-Quarter Results 2023

Green Minerals AS: Second-Quarter Results 2023

17.8.2023 08:00:01 CEST | Green Minerals AS | Half yearly financial reports and

audit reports / limited reviews

Oslo, Norway - 17 August 2023 - Green Minerals AS ("the Company") announced

today results for the second quarter of 2023 which ended 30 June 2023.

Q2 HIGHLIGHTS:

* Underlying EBITDA of NOK -2.3 million (NOK -2.4 million prior year quarter)

* Norwegian government presents a Parliamentary Notice recommending an opening

for deep sea mining activity

* ISA moving forward with Mining Code for international waters

* Mineral processing study started at GTK (Finland) with promising results

* DSM concept study progresses as OSI becomes a shareholder

Please find the presentation attached.

AUDIOCAST INFORMATION:

Date: 17 August 2023

Time: 10:00 CEST

Link: https://msteams.link/T82F

There will be a Q&A session at the end of the presentation, and written

questions can be submitted through the audiocast solution. To join the live

audiocast, follow the link above. Please note that a recorded version will be

available shortly after the presentation.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements in article 19 of the

Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading

Act.

CONTACTS

* Ståle Monstad, CEO, Green Minerals AS, +47 915 54 644,

staale.monstad@greenminerals.no

ABOUT GREEN MINERALS AS

Green Minerals AS mission is to deliver minerals for the green energy transition

in a responsible and sustainable manner through deep sea mining of key minerals

and rare earth elements (REE). This significantly reduces the social and

environmental costs found in terrestrial mining while at the same time solving a

strategic need for EU and the USA. For more, visit www.greenminerals.no -

http://www.greenminerals.no

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17848272/2545/3540/Download%20announcement

%20as%20PDF.pdf

Green Minerals AS _ Q2 report.pdf -

https://kommunikasjon.ntb.no/ir-files/17848272/2545/3539/Green%20Minerals%20AS%2

0_%20Q2%20report.pdf