EMGS: Annual general meeting held

EMGS: Annual general meeting held

21 Jun 2022 12:51 CEST

The annual general meeting of Electromagnetic Geoservices ASA ("EMGS" or the
"Company") was held today, 21 June 2022 at 12:00 CEST.

All items were resolved in accordance with the board of directors' proposals and
the Nomination Committee's recommendations.

The minutes of meeting are attached hereto.

Contact
Anders Eimstad, Chief Financial Officer, +47 948 25 836

About EMGS
EMGS, the marine EM market leader, uses its proprietary electromagnetic (EM)
technology to support oil and gas companies in their search for offshore
hydrocarbons. EMGS supports each stage in the workflow, from survey design and
data acquisition to processing and interpretation. The Company's services enable
the integration of EM data with seismic and other geophysical and geological
information to give explorationists a clearer and more complete understanding of
the subsurface. This improves exploration efficiency and reduces risks and the
finding costs per barrel. CSEM technology can also be used to detect the
presence of marine mineral deposits (primarily Seabed Massive Sulphides) and
EMGS believes that the technology can also be used to estimate the mineral
content of such deposits. The Company is undertaking early-stage initiatives to
position itself in this future market.

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

More information:
Access the news on Oslo Bors NewsWeb site

565436_Minutes EMGS AGM 21 June 2022.pdf

Source

Electromagnetic Geoservices ASA

Provider

Oslo Børs Newspoint