The Board of Directors has resolved to grant 350,000 warrants to Mr. Ståle Monstad, incoming CEO as of 1 January 2026. The exercise price is set at NOK 2 per share. The program vests over a period of three years from the grant date. Following this award, Mr. Monstad holds 15,870 shares and 600,000 options in the Company.
Following the departure of Mr. Øivind Dahl-Stamnes as CEO and Board Member on the same date, 609,700 of Mr. Dahl-Stamnes’s options lapse and expire. A total of 300,300 options has vested.
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.
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