Green Energy Group (Seabird Exploration Plc): Award and contract update
March 04 2022 - 2:00AM
Green Energy Group (Seabird Exploration Plc): Award and contract
update
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN
WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA,
JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE
RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
Green Energy Group (SBX Plc or the “Company”))
is pleased to announce that it has received a Letter of Award for
an OBN source contract in the Eastern hemisphere. The contract is
expected to commence early April and has a duration of 90 days.
In reference to the February 9th 2022 press release, the Company
has received notice of cancellation for an OBN source contract. The
reason given by the client is difficulties in proceeding with the
project due to sanctions against Russia.
ENDS
For additional information, please contact: Finn
Atle Hamre, CEO (interim), +47 928 35991
Important information:
The release is not for publication or
distribution, in whole or in part directly or indirectly, in or
into Australia, Canada, Japan or the United States (including its
territories and possessions, any state of the United States and the
District of Columbia).
This release is an announcement issued pursuant
to legal information obligations, and is subject of the disclosure
requirements pursuant to section 5 -12 of the Norwegian Securities
Trading Act. It is issued for information purposes only, and does
not constitute or form part of any offer or solicitation to
purchase or subscribe for securities, in the United States or in
any other jurisdiction. The securities mentioned herein have not
been, and will not be, registered under the United States
Securities Act of 1933, as amended (the "Securities Act"). The
securities may not be offered or sold in the United States except
pursuant to an exemption from the registration requirements of the
Securities Act. The Company does not intend to register any portion
of the offering of the securities in the United States or to
conduct a public offering of the securities in the United States.
Copies of this announcement are not being made and may not be
distributed or sent into Australia, Canada, Japan or the United
States. The issue, exercise, purchase or sale of subscription
rights and the subscription or purchase of shares in the Company
are subject to specific legal or regulatory restrictions in certain
jurisdictions. Neither the Company nor the Managers assume any
responsibility in the event there is a violation by any person of
such restrictions.
The distribution of this release may in certain
jurisdictions be restricted by law. Persons into whose possession
this release comes should inform themselves about and observe any
such restrictions. Any failure to comply with these restrictions
may constitute a violation of the securities laws of any such
jurisdiction. Carnegie is acting for the Company and no one else in
connection with the Private Placement and will not be responsible
to anyone other than the Company for providing the protections
afforded to their respective clients or for providing advice in
relation to the Private Placement and/or any other matter referred
to in this release.
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