Desert Control AS - Share capital increase registered
Sandnes, Norway, 7 August 2023: Reference is made to the stock exchange release
by Desert Control AS ("Desert Control" or the "Company") published on 1 August
2023. The issuance of 1 million new shares has been registered with the
Norwegian Register of Business Enterprises. After the transaction, Desert
Control's share capital is NOK 126,980.367 divided into 42,326,789 shares, each
share having a par value of NOK 0.003 and carrying one vote in the Company's
For further inquiries, please contact:
Ole Kristian Sivertsen
President and Group CEO, Desert Control
Email: [email protected]
About Desert Control:
Desert Control specializes in climate-smart AgTech solutions to combat
desertification, soil degradation, and water scarcity. Its patented Liquid
Natural Clay (LNC) restores and enhances soil ecosystems to reduce water usage
and improve the efficiency of fertilizers and natural resources for agriculture,
forests, and green landscapes. LNC enables sandy and arid soil to retain water
and nutrients, thus increasing crop yields, plant health, and ecosystem
resilience while preserving water and natural resources by up to 50%.
For more about Desert Control, visit https://www.desertcontrol.com.
This information is subject to the disclosure requirements pursuant to the
Euronext Growth Oslo Rule Book II.