Ocean GeoLoop: Notice of extraordinary general meeting
(Verdal, 12 August 2022) Ocean GeoLoop AS (Ocean GeoLoop, OSE:OCEAN) announces today that an extraordinary general meeting will be held at 10:00 CEST on 19 August 2022.
Published: 12. August 2022 - Last updated: 12. August 2022
Reference is made to the stock exchange announcement published by Ocean GeoLoop on 12 August
2022 regarding Chevron U.S.A. Inc.'s (Chevron) NOK ~100 million investment and the memorandum
of understanding entered into with Chevron.
For purposes of resolving the issuance of shares to Chevron, Ocean GeoLoop calls for an
extraordinary general meeting to be held at 10:00 CEST on 19 August 2022. The general meeting will
be held at the offices of the law firm Schjødt in Ruseløkkveien 14, 0251 Oslo, Norway. Shareholders
may also attend electronically. Hans Gude Gudesen, the largest shareholder holding approximately
58.5% of the shares in Ocean GeoLoop, has undertaken to vote in favor of the issuance of shares to
The notice for the extraordinary general meeting with appendices, including proxy forms, is attached to
For further information, please contact:
Odd-Geir Lademo, CEO, e-mail: [email protected], cell: +47 92 05 29 01
Anders Onarheim, Chairman of the Board of Directors, cell: +47 90 70 86 43
About Ocean GeoLoop | www.oceangeoloop.com
Ocean GeoLoop is a green tech company aiming at using nature’s own way of solving the challenges
of our time in a circular way. In 2022, the company introduces the GeoLoop CC technology that
captures point source CO2 emissions, using natural and harmless processes, transforming the CO2 to
a stable, liquid state. Ocean GeoLoop call this process “Carbon capture by nature.” The GeoLoop CC
technology will help companies and countries around the globe to reach their goals of reduced
emissions before 2030 and net zero by 2050. The company is listed on Euronext Growth Oslo under
the ticker OCEAN.
This announcement was published by Maria Hosen at the date and time set out above.
Ocean GeoLoop AS today announces the official subcontractor handover of the carbon capture pilot plant at Norske Skog Skogn, Norway, and has entered into the stabilization and optimization phase.
Ocean GeoLoop reported revenues in the first half of 2022 of NOK 48.5 million, up from NOK 0.3 million in the corresponding period last year, mainly following the acquisition of Energi Teknikk. The company continued the planned investments in technology development and in the carbon capture pilot plant, resulting in a negative pre-tax profit of...
Ocean GeoLoop AS announces today that an extraordinary general meeting will be held at 10:00 CEST on 19 August 2022.