SeaBird Exploration Plc

8 January 2021, Limassol, Cyprus

An Extraordinary General Meeting (“EGM”) in SeaBird Exploration Plc (“The Company”) was held on 8 January 2021. All items on the agenda as proposed by the board of directors and set out in the notice of the meeting were adopted.

The EGM approved to reduce The Company’s share premium account and to distribute up to 3,000,000 shares in Green Minerals AS to the shareholders of The Company. Following the approval by the EGM, the Company will file an application to the Registrar in Cyprus for approval of the reduction of the share premium account. When an approval from the Registrar has been granted, the Company will return with an updated ex-date for the distribution of shares in Green Minerals AS.   

The minutes of the EGM is attached to this release.

For further queries contact:

Erik von Krogh
CFO
Mob: +47 930 38 075

All statements in this press release other than statements of historical fact are forward-looking statements and are subject to a number of risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. These factors include SeaBird`s reliance on a cyclical industry and the utilization of the company's vessels. Actual results may differ substantially from those expected or projected in the forward-looking statements.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Attachment

• Seabird EGM Minutes

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