Oslo, 9 July 2026
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, HONG
KONG, SOUTH AFRICA OR JAPAN OR IN ANY OTHER JURISDICTION IN WHICH SUCH RELEASE,
PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT IS NOT A
PROSPECTUS AND DOES NOT CONSTITUTE A PUBLIC OFFER OF ANY OF THE SECURITIES
DESCRIBED HEREIN.
Polar Resources AS (the "Company" or "Polar Resources") refers to the
announcement published on 25 June 2026 regarding the admission to trading of the
Company's shares on Euronext Growth Oslo (the "Listing"). The Company has
prepared the attached information document solely for the purpose of the
Listing. The information document will also be made available on the Company's
website: www.polarresources.no.
The first day of trading in the Company's shares on Euronext Growth Oslo will be
today, 9 July 2026, under the ticker "POLAR" and ISIN NO0013756361. The Company
has 14,252,857 issued shares, each with a par value of NOK 0.01333 (rounded).
Further reference is made to the announcement made 2 July 2026, regarding the
successful completion of a private placement and retail offering in which the
Company raised a total of NOK 50 million in gross proceeds (the "Offering"). The
Offering attracted significant interest from Nordic and international investors,
with more than 750 new shareholders.
Julien Balkany, Chairman of Polar Resources commented: "Listing Polar Resources
on Euronext Growth Oslo and gaining access to the Norwegian equity capital
markets is an important milestone for Polar Resources. Today's start of public
trading marks the beginning of a new exciting chapter for Polar Resources built
on ambition, growth and long-term value creation for our shareholders."
Advisers:
SB1 Markets AS is acting as Euronext Growth Advisor in connection with the
Company's admission to trading on Euronext Growth Oslo.
Advokatfirmaet BAHR AS is acting as legal counsel to the Company.
Enquiries
Henno Grenness, Chief Executive Officer
Tel: +47 911 44 658
Email: investors@polarresources.no
About Polar Resources
Polar Resources AS is a Norwegian natural resources company focused on mineral
exploration in Norway and also selectively pursuing oil and gas acquisitions
with an initial geographical focus on Europe, Latin America and South-East Asia.
Polar Resources AS currently holds exploration licences covering four areas in
Central Norway with reported occurrences of copper and zinc mineralisation.
Visit us at: www.polarresources.no
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IMPORTANT NOTICE
This announcement is not and does not form a part of any offer to sell, or a
solicitation of an offer to purchase, any securities of the Company. Copies of
this announcement are not being made and may not be distributed or sent into any
jurisdiction in which such distribution would be unlawful or would require
registration or other measures. The securities referred to in this announcement
have not been and will not be registered under the U.S. Securities Act of 1933,
as amended (the "Securities Act"), and accordingly may not be offered or sold in
the United States absent registration or an applicable exemption from the
registration requirements of the Securities Act and in accordance with
applicable U.S. state securities laws. The Company does not intend to register
any part of the offering in the United States or to conduct a public offering of
securities in the United States. Any sale in the United States of the securities
mentioned in this announcement will be made solely to "qualified institutional
buyers" as defined in Rule 144A under the Securities Act.
The distribution of this announcement and other information may be restricted by
law in certain jurisdictions. Persons into whose possession this announcement or
such other information should come are required to inform themselves about and
to observe any such restrictions.
formation should come are required to inform themselves about and\
to observe any such restrictions.\