Green Energy Group (Seabird Exploration Plc) - Green Minerals and Oil States Industries signs MoU
August 29 2022 - 2:15AM
Green Energy Group (Seabird Exploration Plc) - Green Minerals and
Oil States Industries signs MoU
Green Energy Groups (SeaBird Exploration Plc) 55% owned
subsidiary Green Minerals today announces a Memorandum of
Understanding with Oil States Industries Ltd establishing
collaboration for the development of a Harsh Environment Deep Sea
Mining System (HEDSMS) against a long-term contract for exclusive
use in Norwegian waters has been entered into.
As part of the agreement, Oil States Industries will take a 4,3%
ownership stake in Green Minerals by way of issuance of 580,000
shares at NOK 15 per share.
For further information, please visit
www.greenminerals.no
Contacts: Ståle RodahlExecutive ChairmanPh: +47 4840 0593
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