Board Change • May 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Chief Engineer & Director Maxime Lesage was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Jan 26
Green Minerals AS, Annual General Meeting, May 22, 2026 Green Minerals AS, Annual General Meeting, May 22, 2026. Duyuru • Jun 18
Green Minerals Approves the Election of Maxime Lesage to the Board of Directors The annual general meeting of Green Minerals AS was held on 17 June 2025. The shareholders approved the election of Mr. Maxime Lesage to the board of directors. Duyuru • Mar 13
Green Minerals AS has completed a Follow-on Equity Offering in the amount of NOK 11 million. Green Minerals AS has completed a Follow-on Equity Offering in the amount of NOK 11 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 5,500,000
Price\Range: NOK 2
Transaction Features: Rights Offering Duyuru • Feb 19
Green Minerals AS has filed a Follow-on Equity Offering in the amount of NOK 11 million. Green Minerals AS has filed a Follow-on Equity Offering in the amount of NOK 11 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 5,500,000
Price\Range: NOK 2
Transaction Features: Rights Offering Board Change • Dec 30
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. New Risk • Sep 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings are forecast to decline by an average of 57% per year for the foreseeable future. Revenue is less than US$1m (kr6.0k revenue, or US$567). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr34m net loss in 2 years). Shareholders have been diluted in the past year (4.1% increase in shares outstanding). Market cap is less than US$100m (€9.41m market cap, or US$10.4m). New Risk • Aug 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 49% per year for the foreseeable future. Revenue is less than US$1m (kr6.0k revenue, or US$548). Market cap is less than US$10m (€8.79m market cap, or US$9.59m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr28m net loss in 2 years). Share price has been volatile over the past 3 months (7.6% average weekly change). Shareholders have been diluted in the past year (4.1% increase in shares outstanding). New Risk • May 24
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 49% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 49% per year for the foreseeable future. Revenue is less than US$1m (kr6.0k revenue, or US$565). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr28m net loss in 2 years). Share price has been volatile over the past 3 months (9.2% average weekly change). Market cap is less than US$100m (€9.90m market cap, or US$10.7m). New Risk • May 15
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr8.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr8.9m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Revenue is less than US$1m (kr6.0k revenue, or US$558). Market cap is less than US$10m (€8.28m market cap, or US$8.97m). New Risk • Nov 04
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Revenue is less than US$1m (kr206k revenue, or US$19k). Market cap is less than US$10m (€5.04m market cap, or US$5.40m). Breakeven Date Change • Aug 24
Forecast breakeven date pushed back to 2024 The analyst covering Green Minerals previously expected the company to break even in 2023. New forecast suggests losses will reduce by 19% to 2023. The company is expected to make a profit of kr72.0m in 2024. Average annual earnings growth of 2.3% is required to achieve expected profit on schedule. Breakeven Date Change • Apr 26
Forecast to breakeven in 2023 The analyst covering Green Minerals expects the company to break even for the first time. New forecast suggests the company will make a profit of kr58.0m in 2023. Duyuru • Jan 02
Green Minerals AS to Report Fiscal Year 2022 Results on Apr 21, 2023 Green Minerals AS announced that they will report fiscal year 2022 results on Apr 21, 2023 Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Sep 02
Green Minerals AS announced that it has received NOK 11.6 million in funding from Storfjell AS, SeaBird Exploration Plc, Mh Capital As Green Minerals AS announced that it has issued 1,160,000 shares at a subscription price of NOK 10 per share for gross proceeds of NOK 11,600,000 on September 1, 2022. The transaction included participation from Executive Chairman of the Board Ståle Rodahl, through its wholly owned company Storfjell AS for 50,000 shares, he will own 208,400 shares in the Company representing 1.5% of the issued share capital and Chief Executive Officer Ståle Monstad has been allocated 10,000 shares, currently owns 15,370 shares in the company representing 0.1% of the issued share capital and returning investors SeaBird Exploration Plc and Mh Capital As. The transaction has been approved by the board of directors of the company. The company has provided waiver of the preferential rights inherent in a share capital increase through issuance of new shares is considered necessary. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.