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Storfjell AS Sells Shares in Green Minerals for Tax Financing

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Storfjell AS Sells Shares in Green Minerals for Tax Financing

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The latest update is out from Green Minerals AS ( (DE:5IP) ).

Storfjell AS, associated with Green Minerals’ Executive Chairman, sold 200,000 shares to finance taxes related to a foreign investment, but remains committed to the company. This transaction reflects a strategic financial decision without altering the chairman’s support for Green Minerals’ future growth.

More about Green Minerals AS

Green Minerals AS is focused on delivering minerals essential for the green energy transition through responsible and sustainable deep sea mining of key minerals and rare earth elements. This approach aims to reduce the social and environmental costs associated with terrestrial mining while addressing strategic needs for the EU and the USA.

Average Trading Volume: 149,299

Current Market Cap: NOK46.69M

For an in-depth examination of 5IP stock, go to TipRanks’ Overview page.

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