Akobo Minerals (Akobo)

TekBot · februar 22, 2024, 4:15pm

Financial calendar

TekBot · februar 27, 2024, 4:31pm

Akobo Minerals AB: Agreement on debt restructuring, Private Placement successfully completed, announcement of rights issue and proposed conversion of unsecured debt

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR
INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN, HONG KONG OR THE UNITED STATES OR ANY
OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
…

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UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE
SECURITIES DESCRIBED HEREIN

Oslo, 27 February 2024: Akobo Minerals AB (“Akobo” or the “Company”), a
Scandinavian-based gold exploration and mining company with operations in
Ethiopia, has today finalized an agreement regarding completion of debt
restructuring (the “Debt Restructuring”). Additionally, the Company has
successfully completed a private placement (the “Private Placement”) of new
shares (the “Offer Shares”) raising approximately NOK 34 million in gross
proceeds. Furthermore, the Company’s board of directors has today resolved to
proceed with a subsequent rights issue of new shares to raise gross proceeds of
up to approximately EUR 2.5 million (the “Subsequent Rights Issue”) and intends
to propose a set-off issue of up to NOK 85,587,398 in relation to the conversion
of two convertible loans and a bridge loan (the “Set-Off Issue”). The Debt
Restructuring, the Private Placement, the Subsequent Rights Issue and the Set
-Off Issue are jointly referred to as the “Transaction”.

For a general company update and more information about the Transaction, please
refer to the company presentation attached hereto, which is also published on
Akobo’s website (https://akobominerals.com/investors).

Jørgen Evjen, CEO of Akobo Minerals, says:

“I am pleased to announce that Akobo Minerals has successfully reached an
agreement on debt restructuring with Monetary Metals, providing our company with
enhanced flexibility and a longer maturity period. Additionally, we have
concluded a successful Private Placement with our existing shareholders. I
extend my sincere appreciation to all participants for their support, and I am
genuinely grateful for their contribution towards moving Akobo Minerals into the
next phase of gold production and continued exploration.”

Debt Restructuring

Akobo is pleased to announce that it has finalized negotiations and amendments
to the secured debt in the Company with its lender Monetary Metals Bond II LLC
(“Monetary Metals”). The restructuring provides the Company with improved short-
and medium-term liquidity and increases the overall robustness during the
development stage/ramp-up phase of the Segele Mine. The amendments include but
are not limited to: (i) a waiver of cash interest payments with accrual of PIK
interest, (ii) increase in liquidity buffer by around USD 1.5 million before
full production ramp-up and (iii) extension of the maturity date by one full
year to December 2025. Completion of the Debt Restructuring is subject to (i)
Akobo raising a minimum of NOK 40 million in gross cash proceeds, which through
the previously announced NOK 6 million bridge loan and completion of the Private
Placement will be fulfilled, and (ii) that warrants issued to Monetary Metals
equating to 2% of Akobo’s equity will be reset with a strike price equal to the
Offer Price in the Private Placement being NOK 1.00. Please refer to the
attached company presentation for additional details.

Private Placement

Akobo is pleased to announce that it has completed a private placement of a
total of 34,003,550 Offer Shares, corresponding to approximately 64 % of the
outstanding shares in the Company, at an offer price of NOK 1.00 per Offer Share
(the “Offer Price”), raising gross proceeds of approximately NOK 34 million. The
Private Placement was resolved by the board of directors of the Company (the
“Board”) pursuant to an authorization to issue new shares granted by the
extraordinary general meeting of the Company on 2 February 2024. Notification of
allotment of the Offer Shares, including settlement instructions, will be sent
to the applicants through a notification from the Manager on or about 28
February 2024.

The net proceeds from the Private Placement will be used to finance the
construction phase of the Segele plant and subsequent production ramp up phase,
to reach steady production and positive cash flow, as well as for general
corporate purposes.

Following completion of the Private Placement, the Company’s share capital will
be SEK 3,238,628.30243317 divided into 87,153,773 shares, each with a par value
of SEK 0.0371599322777818.

Settlement of the Offer Shares is expected to take place on or about 11 March
2024 on a delivery versus payment basis by delivery of new shares in the
Company, expected to be facilitated by a quota value share issue agreement
between the Company and the Manager (the “Quota Value Share Issue Agreement”).
The Offer Shares allocated to applicants will not be tradable until the share
capital increase pertaining to the Private Placement has been registered with
the Swedish Companies Registration Office which subject to case handling time is
expected on or about 11 March 2024.

The Private Placement represents a deviation from the existing shareholders’ pre
-emptive right to subscribe for the offer shares. The Board has carefully
considered the Private Placement in light of the equal treatment obligations
under the Swedish Companies Act, and the prohibition against giving anyone an
unreasonable advantage at the Company’s or the shareholders’ expense set out in
the Norwegian Securities Trading Act, Euronext Growth Oslo, Rule Book Part II
section 3.1(2), and the Oslo Stock Exchange’s Guidelines on the rules of equal
treatment, and deems that the proposed Private Placement is in compliance with
these obligations. The Board is of the view that it will be in the best interest
of the Company and its shareholders to deviate from the shareholders’ pre
-emptive right as resolved through the Private Placement. The reason for the
deviation from the shareholders’ pre-emption rights is that the Company is in
immediate need of capital. In addition, the Debt Refinancing was conditional
upon the Company raising at least NOK 40 million in new equity, and the Private
Placement enabled the Company to carry out an equity raise in an efficient
manner and in close coordination with the Debt Restructuring. By structuring the
equity raise as a direct share issue, the Company was able to raise the equity
capital, which the Debt Restructuring was conditioned upon, in an efficient
manner and with lower completion risk compared, inter alia, to a rights issue.
The Company’s Board has investigated the conditions and carefully considered the
possibility of only carrying out a rights issue in order to raise the required
capital but has come to the conclusion that, for the aforementioned reasons, it
was necessary to first carry out the Private Placement before the Subsequent
Rights Issue could be pursued. The Subsequent Rights Issue may also partly
mitigate the dilutive effects of the Private Placement on the Company’s existing
shareholders who did not participate in the Private Placement as the investors
in the Private Placement will not receive rights in the Subsequent Rights Issue
based on their subscription in the Private Placement.

Subsequent Rights Issue
The Board has today resolved to proceed with and announce the Subsequent Rights
Issue of up to 28,346,785 new shares in the Company. In aggregate, 53,150,223
subscription rights will be issued (the “Subscription Rights”). The Subsequent
Rights Issue will, subject to applicable securities laws, be directed towards
existing shareholders in the Company as of the end of trading on 5 March 2024
(as registered in the Norwegian Central Securities Depository (the “VPS”) two
trading days thereafter, on 7 March 2024) (the “Record Date”) and who are not
resident in a jurisdiction where such offering would be unlawful or, for
jurisdictions other than Norway, would require any prospectus, filing,
registration or similar actions (the “Eligible Shareholders”). Eligible
Shareholders will receive one (1) tradable subscription right for each share
held in the Company as of the Record Date. Fifteen (15) Subscription Rights give
the right to subscribe for eight (8) new shares. Subscription without
Subscription Rights will be permitted in the Subsequent Rights Issue, however
there is no guarantee that new shares will be allocated for such subscriptions.
The subscription price per new share in the Subsequent Rights Issue will be the
same as in the Private Placement (i.e. NOK 1.00 per share), which means that
Akobo Minerals will receive gross proceeds of approximately EUR 2.5 million
before deduction of transaction costs, provided that the Subsequent Rights Issue
is fully subscribed.

Provided that the Subsequent Rights Issue is fully subscribed, the number of
shares in Akobo Minerals will, through the Subsequent Rights Issue, increase by
28,346,785 from 87,153,773 to 115,500,558 and the share capital will increase by
a maximum of approximately SEK 1,053,364.61089284, from SEK 3,238,628.30243317
to approximately SEK 4,291,992.91332601.

Indicative timetable of the Subsequent Rights Issue will be presented in a
separate stock exchange announcement and the complete terms and conditions of
the Subsequent Rights Issue will be presented in a national prospectus (Nw:
“Nasjonalt Prospekt”) that is expected to be published on the Company’s website
on or about 13 March 2024.

Proposed conversion of debt by conversion of two convertible loans and a bridge
loan
Further, the Board has resolved convene an extraordinary general meeting on 2
April 2024 (the “EGM”) to decide upon the Set-Off Issue to lenders of the bridge
loan as announced in the Company’s stock exchange announcement made on 8
February 2024 and the holders of the two convertible loans announced by the
Company on 20 March 2023 and 6 September 2023.

Lenders representing 83 % of the bridge loan have, as of today, committed to
convert the outstanding amount thereunder (including accrued interests and
interests which will accrue until maturity), and lenders representing 92 % of
the total outstanding amount under the convertible loans have, as of today,
committed to the same. The remaining lenders under the convertible loans and the
bridge loan will be offered the opportunity to convert their respective portions
of the convertible loans and the bridge loan.

Conversion of the bridge loan and the convertible loans into new shares in the
Company will be the same price per share as in the Private Placement (i.e. NOK
1.00 per share).

Any conversion of the bridge loan and/or the convertible loans is subject to
approval by the EGM of the Set-Off Issue.

Notice convening the EGM will be published separately today. Further information
will be announced in a separate stock exchange announcement.

Advisors
SpareBank 1 Markets AS has acted as financial advisor to the Company and
Advokatfirmaet Schjødt AS has acted as legal advisor to the Company in
connection with the Transaction.

For more information, please contact:

Jørgen Evjen, CEO, Akobo Minerals

Mob: (+47) 92 80 40 14

Mail: jorgen@akobominerals.com

LinkedIn: www.linkedin.com/company/akobominerals

Web: www.akobominerals.com

This information is considered to include inside information pursuant to the EU
Market Abuse Regulation (MAR) and is subject to the disclosure requirements
pursuant to section 5-12 of the Norwegian Securities Trading Act. This
announcement was published by Jørgen Evjen on 27 February 2024 at 17.30 CET.

About Akobo Minerals

Akobo Minerals is a Scandinavian-based gold exploration and boutique mining
company, currently holding an exploration license covering 182 km2 and a mining
license covering 16 km2 in the Gambela region and Dima Woreda, Ethiopia. The
company has established itself as the leading gold exploration company in
Ethiopia through more than 13 years of on-the-ground activity, which has now
been enhanced further with the development of its Segele mine.

Akobo Minerals’ Segele mine has an Inferred and Indicated Mineral Resource of
68,000 ounces, yielding a world-class gold grade of 22.7 g/ton. Still open to
depth, the gold mineralised zone continues to expand and will have a positive
impact on future resource estimates and the life expectancy of the mine. The
exploration license holds numerous promising exploration resource-building
prospects in both the vicinity of Segele and in the wider license area.

Akobo Minerals has an excellent relationship with local communities all the way
up to national authorities and the company places environment and social
governance (ESG) at the heart of its activities - as demonstrated by a planned,
industry-leading, extended shared value program.

Akobo Minerals has built a strong local foothold based on the principles of
sound ethics, transparency and communication, and is ready to take on new
opportunities and ventures as they arise. The company is uniquely positioned to
become a major player in the future development of the very promising Ethiopian
mining industry. The company is headquartered in Oslo and is publicly listed on
the Euronext Growth Oslo Exchange and the Frankfurt Stock Exchange under the
ticker symbol AKOBO. For US investors, Akobo Minerals AB (OTCQX: AKOBF) is
traded on the OTCQX Best Market, adhering to high financial standards, best
practice corporate governance, and compliance with U.S. securities laws.
Additionally, the company has a professional third-party sponsor introduction,
and investors can access current financial disclosures and Real-Time Level 2
quotes for the company on
www.otcmarkets.com (https://eur03.safelinks.protection.outlook.com/?url=http%3A%2
F%2Fwww.otcmarkets.com%2F&data=05%7C02%7Cmartine.vik%40schjodt.com%7C4d5e091c202b
4253d9ec08dc3783d921%7C4651385ecc6244a7bde5dbda3fc721be%7C0%7C0%7C638446286622537
092%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiL
CJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=usf8PyEpjE6IyHg5KA1jol5VwiR%2Fw%2FXI9c1Z5JZ4AiM%
3D&reserved=0).

Akobo Minerals places great emphasis on meeting and exceeding industry
standards, fully complying with all aspects of the JORC code, 2012. For detailed
information on their adherence to this code, please refer to
https://www.jorc.org/. Akobo Minerals’ unwavering commitment to ethical
practices, community engagement, and environmental responsibility positions them
as a formidable force in the evolving landscape of the Ethiopian mining sector.

Important information

This press release and the information herein is not for publication, release or
distribution, in whole or in part, directly or indirectly, in or into Australia,
Canada, Japan, Hong Kong or the United States or any other state or jurisdiction
in which publication, release or distribution would be unlawful or where such
action would require additional prospectuses, filings or other measures in
addition to those required under Swedish or Norwegian law.

The press release is for informational purposes only and does not constitute an
offer to sell or issue, or the solicitation of an offer to buy or acquire, or
subscribe for, any of the securities mentioned herein (collectively, the
“Securities”) or any other financial instruments in Akobo Minerals AB. Offers
will not be made to, and application forms will not be approved from,
subscribers (including shareholders), or persons acting on behalf of
subscribers, in any jurisdiction where applications for such subscription would
contravene applicable laws or regulations, or would require additional
prospectuses, filings, or other measures in addition to those required under
Swedish or Norwegian law. Measures in violation of the restrictions may
constitute a breach of relevant securities laws.

The Securities mentioned in this press release have not been registered and will
not be registered under any applicable securities law in Australia, Canada,
Japan, Hong Kong or the United States and may, with certain exceptions, not be
offered or sold within, or on behalf of a person or for the benefit of a person
who is registered in, these countries. The company has not made an offer to the
public to subscribe for or acquire the Securities mentioned in this press
release other than in Sweden and Norway.

None of the Securities have been or will be registered under the United States
Securities Act of 1933, as amended (the “Securities Act”), or the securities
laws of any state or other jurisdiction in the United States, and may not be
offered, pledged, sold, delivered or otherwise transferred, directly or
indirectly. There will not be any public offering of any of the Securities in
the United States.

In the EEA Member States, with the exception of Sweden (each such EEA Member
State, a “Relevant State”), this press release and the information contained
herein are intended only for and directed to qualified investors as defined in
the Prospectus Regulation. The Securities mentioned in this press release are
not intended to be offered to the public in any Relevant State and are only
available to qualified investors except in accordance with exceptions in the
Prospectus Regulation. Persons in any Relevant State who are not qualified
investors should not take any actions based on this press release, nor rely on
it.

In the United Kingdom, this press release is directed only at, and communicated
only to, persons who are qualified investors within the meaning of article 2(e)
of the Prospectus Regulation (2017/1129) who are (i) persons who fall within the
definition of “investment professional” in article 19(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the
“Order”), or (ii) persons who fall within article 49(2)(a) to (d) of the Order,
or (iii) persons who are existing members or creditors of Akobo Minerals AB or
other persons falling within Article 43 of the Order, or (iv) persons to whom it
may otherwise be lawfully communicated (all such persons referred to in (i),
(ii), (iii) and (iv) above together being referred to as “Relevant Persons”).
This press release must not be acted on or relied on by persons in the UK who
are not Relevant Persons.

This announcement does not constitute an investment recommendation. The price
and value of securities and any income from them can go down as well as up and
you could lose your entire investment. Past performance is not a guide to future
performance. Information in this announcement cannot be relied upon as a guide
to future performance.

Forward-looking statements

This press release contains forward-looking statements that reflect the
Company’s intentions, assessments, or current expectations about and targets for
the Company’s future results of operations, financial condition, development,
liquidity, performance, prospects, anticipated growth, strategies and
opportunities and the markets in which the Company operates. Forward-looking
statements are statements that are not historical facts and may be identified by
the fact that they contain words such as “believe”, “expect”, “anticipate”,
“intend”, “may”, “plan”, “estimate”, “will”, “should”, “could”, “aim” or
“might”, or, in each case, their negative, or similar expressions. The forward
-looking statements in this press release are based upon various assumptions,
many of which are based, in turn, upon further assumptions. Although the Company
believes that the expectations reflected in these forward-looking statements are
reasonable, it can give no assurances that they will materialize or prove to be
correct. Because these statements are based on assumptions or estimates and are
subject to risks and uncertainties, the actual results or outcome could differ
materially from those set out in the forward-looking statements as a result of
many factors. Such risks, uncertainties, contingencies and other important
factors could cause actual events to differ materially from the expectations
expressed or implied in this release by such forward-looking statements. The
Company does not guarantee that the assumptions underlying the forward-looking
statements in this press release are free from errors nor does it accept any
responsibility for the future accuracy of the opinions expressed in this press
release or any obligation to update or revise the statements in this press
release to reflect subsequent events. Readers of this press release should not
place undue reliance on the forward-looking statements in this press release.
The information, opinions and forward-looking statements contained in this press
release speak only as at its date and are subject to change without notice.
Neither the Company nor anyone else does undertake any obligation to review,
update, confirm or to release publicly any revisions to any forward-looking
statements to reflect events that occur or circumstances that arise in relation
to the content of this press release.

Information to distributors

Solely for the purposes of the product governance requirements contained within:
(a) EU Directive 2014/65/EU on markets in financial instruments, as amended
(“MiFID II”); (b) Articles 9 and 10 of Commission Delegated Directive (EU)
2017/593 supplementing MiFID II; and (c) local implementing measures (together,
the “MiFID II Product Governance Requirements”), and disclaiming all and any
liability, whether arising in tort, contract or otherwise, which any
“manufacturer” (for the purposes of the MiFID II Product Governance
Requirements) may otherwise have with respect thereto, the shares in Akobo
Minerals have been subject to a product approval process, which has determined
that such shares are: (i) compatible with an end target market of retail
investors and investors who meet the criteria of professional clients and
eligible counterparties, each as defined in MiFID II; and (ii) eligible for
distribution through all distribution channels as are permitted by MiFID II (the
“Target Market Assessment”). Notwithstanding the Target Market Assessment,
Distributors should note that: the price of the shares in Akobo Minerals may
decline and investors could lose all or part of their investment; the shares in
Akobo Minerals offer no guaranteed income and no capital protection; and an
investment in the shares in Akobo Minerals is compatible only with investors who
do not need a guaranteed income or capital protection, who (either alone or in
conjunction with an appropriate financial or other adviser) are capable of
evaluating the merits and risks of such an investment and who have sufficient
resources to be able to bear any losses that may result therefrom. The Target
Market Assessment is without prejudice to the requirements of any contractual,
legal or regulatory selling restrictions in relation to the Directed Share
Issue.

For the avoidance of doubt, the Target Market Assessment does not constitute:
(a) an assessment of suitability or appropriateness for the purposes of MiFID
II; or (b) a recommendation to any investor or group of investors to invest in,
or purchase, or take any other action whatsoever with respect to the shares in
Akobo Minerals.

Each distributor is responsible for undertaking its own target market assessment
in respect of the shares in Akobo Minerals and determining appropriate
distribution channels.

Kilde

aTinyHorse · februar 27, 2024, 4:53pm

For noen termer. Er det noen som har en formening om hvor langt ned Akobo skal i morgen?

TekBot · februar 27, 2024, 5:01pm

Key information relating to the rights issue to be carried out by Akobo Minerals AB (publ)

THIS PRESS RELEASE MAY NOT BE MADE PUBLIC, PUBLISHED OR DISTRIBUTED, DIRECTLY OR
INDIRECTLY, IN OR INTO AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND,
SWITZERLAND, SINGAPORE, SOUTH AFRICA, THE UNITED STATES OR ANY OTHER
…

Vis børsmeldingen

JURISDICTION IN WHICH SUCH ACTIONS, WHOLLY OR IN PART, WOULD BE UNLAWFUL. THIS
PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO BUY SECURITIES IN AKOBO MINERALS
AB (PUBL). SEE ALSO THE SECTION “IMPORTANT INFORMATION” BELOW IN THIS
ANNOUNCEMENT.

Reference is made to the stock exchange announcement published by Akobo Minerals
AB (publ) (the “Company”) on 27 February 2024, in which the Company announced a
subsequent rights issue (the “Subsequent Rights Issue”) of up to 28,346,785 new
shares in the Company (the “New Shares”), each with a quota value of SEK
0,0371599322777818, at a subscription price of NOK 1 per New Share
(the"Subscription Price"). In aggregate, 53,150,223 subscription rights will be
issued, whereby fifteen (15) subscription rights give the right to subscribe for
eight (8) New Shares (the “Subscription Rights”). Key information relating to
the Subsequent Rights Issue is set out below.

Date on which the terms and conditions of the preferential rights issue were
announced: 27 February 2024

Last day including right: 5 March 2024

Ex-date: 6 March 2024

Record Date: 7 March 2024

Date of approval: 28 March 2024

Maximum number of New Shares: 28,346,785

Subscription Price: NOK 1

Ratio preferential rights: One Subscription Right per share held as of the
Record Date

Subscription ratio: Fifteen Subscription Rights give the right to subscribe for
eight New Shares

Manager: SpareBank 1 Markets AS

Will the rights be listed: The Company will apply for listing of the
Subscription Rights on Euronext Growth Oslo

ISIN for the preferential rights: To be announced when assigned

This information is published in accordance with the requirements of the
Continuing Obligations for issuers listed on Euronext Growth Oslo.

For further information, contact:

Jørgen Evjen, CEO, Akobo Minerals

Mob: (+47) 92 80 40 14

Mail: jorgen@akobominerals.com

LinkedIn: www.linkedin.com/company/akobominerals

Web: www.akobominerals.com

About Akobo Minerals

Akobo Minerals is a Scandinavian-based gold exploration and boutique mining
company, currently holding an exploration license covering 182 km2 and a mining
license covering 16 km2 in the Gambela region and Dima Woreda, Ethiopia. The
company has established itself as the leading gold exploration company in
Ethiopia through more than 13 years of on-the-ground activity, which has now
been enhanced further with the development of its Segele mine.

Akobo Minerals’ Segele mine has an Inferred and Indicated Mineral Resource of
68,000 ounces, yielding a world-class gold grade of 22.7 g/ton. Still open to
depth, the gold mineralised zone continues to expand and will have a positive
impact on future resource estimates and the life expectancy of the mine. The
exploration license holds numerous promising exploration resource-building
prospects in both the vicinity of Segele and in the wider license area.

Akobo Minerals has an excellent relationship with local communities all the way
up to national authorities and the company places environment and social
governance (ESG) at the heart of its activities - as demonstrated by a planned,
industry-leading, extended shared value program.

Akobo Minerals has built a strong local foothold based on the principles of
sound ethics, transparency and communication, and is ready to take on new
opportunities and ventures as they arise. The company is uniquely positioned to
become a major player in the future development of the very promising Ethiopian
mining industry. The company is headquartered in Oslo and is publicly listed on
the Euronext Growth Oslo Exchange and the Frankfurt Stock Exchange under the
ticker symbol AKOBO. For US investors, Akobo Minerals AB (OTCQX: AKOBF) is
traded on the OTCQX Best Market, adhering to high financial standards, best
practice corporate governance, and compliance with U.S. securities laws.
Additionally, the company has a professional third-party sponsor introduction,
and investors can access current financial disclosures and Real-Time Level 2
quotes for the company on
www.otcmarkets.com (https://eur03.safelinks.protection.outlook.com/?url=http%3A%2
F%2Fwww.otcmarkets.com%2F&data=05%7C02%7Cmartine.vik%40schjodt.com%7C4d5e091c202b
4253d9ec08dc3783d921%7C4651385ecc6244a7bde5dbda3fc721be%7C0%7C0%7C638446286622537
092%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiL
CJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=usf8PyEpjE6IyHg5KA1jol5VwiR%2Fw%2FXI9c1Z5JZ4AiM%
3D&reserved=0).

Akobo Minerals places great emphasis on meeting and exceeding industry
standards, fully complying with all aspects of the JORC code, 2012. For detailed
information on their adherence to this code, please refer to
https://www.jorc.org/. Akobo Minerals’ unwavering commitment to ethical
practices, community engagement, and environmental responsibility positions them
as a formidable force in the evolving landscape of the Ethiopian mining sector.

Important information

Publication, release or distribution of this press release may in certain
jurisdictions be subject to legal restrictions and persons in the jurisdictions
where this press release has been made public or distributed should be informed
of and follow such legal restrictions. The recipient of this press release is
responsible for using this press release and the information herein in
accordance with applicable rules in each jurisdiction. This press release does
not constitute an offer or solicitation to buy or subscribe for any securities
in Akobo Minerals AB (publ) in any jurisdiction, either from Akobo Minerals AB
(publ) or from anyone else.

This press release is not a prospectus according to the definition in Regulation
(EU) 2017/1129 (“the Prospectus Regulation”) and has not been approved by any
regulatory authority in any jurisdiction. A national prospectus will be prepared
by the Company and published on the Company’s website on or about 13 March 2024.

This press release does not constitute an offer or solicitation to buy or
subscribe for securities in the United States. The securities mentioned herein
may not be sold in the United States without registration, or without an
exemption from registration, under the U.S. Securities Act from 1933
(“Securities Act”), and may not be offered or sold within the United States
without being registered, covered by an exemption from, or part of a transaction
that is not subject to the registration requirements according to the Securities
Act. There is no intention to register any securities mentioned herein in the
United States or to issue a public offering of such securities in the United
States. The information in this press release may not be released, published,
copied, reproduced or distributed, directly or indirectly, wholly or in part, in
or to Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore,
South Africa, the United States or any other jurisdiction where the release,
publication or distribution of this information would violate current rules or
where such an action is subject to legal restrictions or would require
additional registration or other measures beyond those that follow from Swedish
and Norwegian law. Actions in contravention of this instruction may constitute a
violation of applicable securities legislation.

Kilde

TekBot · februar 27, 2024, 5:30pm

Notice to Extraordinary General Meeting in Akobo Minerals AB (publ)

The shareholders of Akobo Minerals AB (publ), company registration no 559148
-1253 (the “Company”), are hereby invited to participate in the Extraordinary
General Meeting (“EGM”) to be held on 2 April, 2024 at 15:00 CEST at Södra
…
Vis børsmeldingen

Allégatan 13, 413 01 Gothenburg, Sweden.

Participation

Shareholders that wish to participate in the procedures at the EGM must:
    on 21 March, 2024, be recorded as shareholders in the share register
kept by Euroclear Sweden AB (temporary registration for shareholders registered
at the Norwegian CSD, Euronext Securities Oslo (formerly VPS) is made by DNB
Bank ASA after notification by the shareholder according to the below); and
    by no later than 25 March, 2024 give notice to the Company of their
intention to participate at the EGM. Notice shall be given in writing by e-mail
at ir@akobominerals.com or by mail addressed to Akobo Minerals AB (publ), Södra
Allégatan 13, 413 01 Gothenburg, Sweden.

In providing such notice the shareholder should state its name, address,
personal registration number or company registration number, telephone number,
shareholdings and if applicable, the number of accompanying assistants (a
maximum of two). The notice must also, where applicable, for example regarding
legal entities, be accompanied by complete authorization documents such as a
registration certificate or equivalent.

Representatives etc.

Shareholders who are represented by proxy must submit to the Company a written,
signed and dated power of attorney for the representative. The period of
validity of the power of attorney may not exceed five years provided it has been
specifically stated. If no period of validity is stated, the power of attorney
is valid for a maximum of one year. If the power of attorney is issued by a
legal entity, a certified copy of the registration certificate or equivalent
must be submitted to the Company by mail together with the original copy of the
power of attorney in good time before the EGM at the address mentioned above.
The registration certificate may not be issued earlier than one year before the
date of the EGM. Power of attorney forms are available at the Company’s website
www.akobominerals.com.

Nominee-registered shares

In order to be entitled to participate in the meeting, a shareholder who has his
shares registered with a nominee must, in addition to giving notice of its
intention to participate in the EGM, have the shares registered in his own name
so that the shareholder is included in the share register on the record date on
21 March, 2024. Such re-registration may be temporary (so-called voting rights
registration) and is requested from the nominee according to the nominee’s
routines at such time in advance as the nominee decides. Registration of voting
rights made by the nominee no later than 25 March, 2024, will be taken into
account in the presentation of the general meeting share register.

Especially for shareholders registered with Euronext Securities Oslo

Shareholders registered with Euronext Securities Oslo (formerly VPS) who are not
registered with Euroclear Sweden AB, Sweden, and wish to be entitled to vote at
the EGM must notify DNB Bank ASA by no later than 14 March, 2024, at 12.00 noon
CET. The notice shall be sent to DNB Bank ASA, Verdipapirservice, PB 1600
Sentrum, N-0021 Oslo, Norway or by e-mail at vote@dnb.no. The notification must
state the name, personal registration number or company registration number and
number of shares. DNB Bank ASA will temporarily register the shares with
Euroclear Sweden AB in the name of the shareholder. In addition, shareholders
registered with Euronext Securities Oslo must give notice to the Company of
their intention to participate according to the above in order to obtain voting
rights at the EGM. Shareholders registered with Euronext Securities Oslo who
have only given notice to the Company of their intention to participate may
participate at the EGM without voting rights.

Proposed agenda

Election of chairman of the meeting

Drawing up and approval of the voting list

Determination as to whether the meeting has been duly convened

Approval of the agenda

Election of one or two persons to verify the minutes

Resolution to amend the articles of association

Resolution on a directed set-off issue

Closing of the meeting

Item 6- Resolution to amend the articles of association

To facilitate the registration of the set-off issue that the Company intends
resolve upon under item 7, the board of directors proposes that the general
meeting resolves to amend the limits for the share capital and the number of
shares in the articles of association. Resolution in accordance with item 6 is
conditional upon the extraordinary meeting also voting for item 7.

§ 4 in the articles of association is proposed to have the following wording.

Current wording

The share capital shall amount to at least SEK 1,590,448 and not more than SEK
6,361,792.

Proposed wording

The share capital shall amount to at least SEK 5,759,790 and not more than SEK
23,039,160.

§ 5 in the articles of association is proposed to have the following wording.

Current wording

The number of shares may not be lower than 42 800 000 or more than 171 200 000.

Proposed wording

The number of shares may not be lower than 155,000,000 or more than 620,000,000.

The board of directors, the CEO, or anyone appointed by the board of directors
or the CEO, shall be authorized to make such minor amendments to the above
resolution as may be necessary in connection with the registration of the
resolution with the Swedish Companies Registration Office or due to other formal
requirements.

A valid resolution requires that the resolution is supported by shareholders
representing at least two thirds of the votes cast as well as of the shares
represented at the general meeting.

Item 7 - Resolution on a directed set-off issue

Resolutions in accordance with item 7a and item 7b below shall be made as one
resolution and are thus conditional upon each other. Resolving on the set-off
issues requires amendments to the articles of association.

For a valid resolution, the resolution in accordance with items 7a-c must be
supported by shareholders representing at least nine-tenths of both the votes
cast and the shares represented at the meeting.

Item 7a - Resolution on approval of the board of directors’ resolution on a
directed set-off issue to repay the bridge loan entered into in February 2024

The Board of Directors proposes that the Extraordinary General Meeting resolves
on a set-off issue of a maximum of NOK 7,896,667, entailing an increase in the
share capital of not more than SEK 293,439.610940194 to offset the bridge loan
published by the Company through a press release on 8 February 2024. The
resolution shall otherwise be governed by the following terms and conditions.

The right to subscribe for the new shares shall be vested in the lenders of
the bridge loan published on February 8, 2024. The lenders are listed in the
table below:

±---------±-----------------±---------------±-----------------------+
|Subscriber|Total loan amount |Number of shares|Subscription funds (NOK)|
| |including interest| | |
| |(NOK) | | |
±---------±-----------------±---------------±-----------------------+
|Esmar AS |4,606,389 |4,606,389 |4,606,389 |
±---------±-----------------±---------------±-----------------------+
|Nautilus |1,316,111 |1,316,111 |1,316,111 |
|Invest AS | | | |
±---------±-----------------±---------------±-----------------------+
|Kanoka |658,056 |658,056 |658,056 |
|Invest AS | | | |
±---------±-----------------±---------------±-----------------------+
|Predichem |1,316,111 |1,316,111 |1,316,111 |
|AS | | | |
±---------±-----------------±---------------±-----------------------+
|Sum: |7,896,667 |7,896,667 |7,896,667 |
±---------±-----------------±---------------±-----------------------+

Two of the companies are related to Akobo Mineral’s board of directors and
management. Esmar AS is a company related to board member Carl Eide and Kanoka
Invest AS is related to the Company’s CEO Jørgen Evjen. The reason for deviation
from the shareholders’ pre-emption rights is the company’s wish to set-off debt
against new shares.

The subscription price per subscribed share shall be NOK 1.00. The
subscription price corresponds to the subscription price in the completed
directed share issue that was announced on 26 February 2024 and has been
determined through negotiations with the lenders at arm’s length and is deemed
by the Board of Directors - in light of the agreement - to be in accordance with
market conditions.

The share premium shall be added to the unrestricted share premium reserve.

Subscription of the newly issued shares shall be made by signing a
subscription list within three weeks from the date of the issue resolution.
Payment for subscribed shares shall be made by way of set-off at the same time
as subscription.

The board of directors has the right to extend the subscription period.

The new shares entitle to dividends for the first time on the record date
for dividends that occurs after the new share issue has been registered with the
Swedish Companies Registration Office and the shares have been recorded in the
share register kept by Euroclear Sweden AB.

The Board of Directors, or a person appointed by the Board of Directors,
shall be authorized to make the minor adjustments required for the registration
of the resolution with the Swedish Companies Registration Office.

Documents according to Chapter 13, Section 6-7 of the Swedish Companies Act have
been drawn up.

Item 7b - Resolution on a directed set-off issue to repay the convertible loan
entered into in March 2023

The Board of Directors proposes that the Extraordinary General Meeting resolves
on a set-off issue of a maximum of NOK 29,320,510, entailing an increase in the
share capital of not more than SEK 1,089,548.16595 to offset the convertible
loan that the Company entered into in March 2023.The resolution shall otherwise
be governed by the following terms and conditions.

The right to subscribe for the new shares shall be vested in the lenders of
the convertible loan that the Company entered into in March 2023. The lenders
are listed in the table below:

±------------±-----------------±---------------±-----------------------+
|Subscriber |Total loan amount |Number of shares|Subscription funds (NOK)|
| |including interest| | |
| |(NOK) | | |
±------------±-----------------±---------------±-----------------------+
|GH Holding AS|3,913,750 |3,913,750 |3,913,750 |
±------------±-----------------±---------------±-----------------------+
|Atoli AS |3,913,750 |3,913,750 |3,913,750 |
±------------±-----------------±---------------±-----------------------+
|Bernhd. |3,261,458 |3,261,458 |3,261,458 |
|Brekke A/S | | | |
±------------±-----------------±---------------±-----------------------+
|Esmar AS |2,609,167 |2,609,167 |2,609,167 |
±------------±-----------------±---------------±-----------------------+
|B Finans AS |2,609,167 |2,609,167 |2,609,167 |
±------------±-----------------±---------------±-----------------------+
|Nautilus |2,283,021 |2,283,021 |2,283,021 |
|Invest AS | | | |
±------------±-----------------±---------------±-----------------------+
|PIR Invest |1,304,583 |1,304,583 |1,304,583 |
|Holding AS | | | |
±------------±-----------------±---------------±-----------------------+
|TURTLE INVEST|1,304,583 |1,304,583 |1,304,583 |
|AS | | | |
±------------±-----------------±---------------±-----------------------+
|YmeblodAS |1,304,583 |1,304,583 |1,304,583 |
±------------±-----------------±---------------±-----------------------+
|Scanpipe |782 750 |782 750 |782 750 |
|Engineering | | | |
|AS | | | |
±------------±-----------------±---------------±-----------------------+
|Kanoka Invest|782,750 |782,750 |782,750 |
|AS | | | |
±------------±-----------------±---------------±-----------------------+
|Eidco AS |652,292 |652,292 |652,292 |
±------------±-----------------±---------------±-----------------------+
|Predichem AS |652,292 |652,292 |652,292 |
±------------±-----------------±---------------±-----------------------+
|Kgp Invest AS|652,292 |652,292 |652,292 |
±------------±-----------------±---------------±-----------------------+
|Alpine |652,292 |652,292 |652,292 |
|Capital AS | | | |
±------------±-----------------±---------------±-----------------------+
|Torsen |391,375 |391,375 |391,375 |
|Tankers & | | | |
|Towers AS | | | |
±------------±-----------------±---------------±-----------------------+
|Kingfisher AS|326,146 |326,146 |326,146 |
±------------±-----------------±---------------±-----------------------+
|Knut Invest |326,146 |326,146 |326,146 |
|AS | | | |
±------------±-----------------±---------------±-----------------------+
|Harto Invest |326,146 |326,146 |326,146 |
|A | | | |
±------------±-----------------±---------------±-----------------------+
|Astrania AS |326,146 |326,146 |326,146 |
±------------±-----------------±---------------±-----------------------+
|Oskar |260,917 |260,917 |260,917 |
|Investment AS| | | |
±------------±-----------------±---------------±-----------------------+
|Promin AS |260,917 |260,917 |260,917 |
±------------±-----------------±---------------±-----------------------+
|Lasse |130,458 |130,458 |130,458 |
|Halvorsen | | | |
±------------±-----------------±---------------±-----------------------+
|Marlea AS |130,458 |130,458 |130,458 |
±------------±-----------------±---------------±-----------------------+
|Tobi Invest |97,844 |97,844 |97,844 |
|AS | | | |
±------------±-----------------±---------------±-----------------------+
|Tereda |65,229 |65,229 |65,229 |
|Holding AS | | | |
±------------±-----------------±---------------±-----------------------+
|Sum: |29,320,510 |29,320,510 |29,320,510 |
±------------±-----------------±---------------±-----------------------+

Four of the companies are related to Akobo Mineral’s board of directors and
management. Esmar AS is a company related to board member Carl Eide, Promin AS
is a company related to the board member Helge Rushfeldt, PIR Invest Holding AS
is a company related to board member Hans Olav Torsen and Kanoka Invest AS is
related to the Company’s CEO Jørgen Evjen. The reason for deviation from the
shareholders’ pre-emption rights is the company’s wish to set-off debt against
new shares.

The subscription price per subscribed share shall be NOK 1.00. The
subscription price corresponds to the subscription price in the completed
directed share issue that was announced on 26 February 2024 and has been
determined through negotiations with the lenders at arm’s length and is deemed
by the Board of Directors - in light of the agreement - to be in accordance with
market conditions.

The share premium shall be added to the unrestricted share premium reserve.

Subscription of the newly issued shares shall be made by signing a
subscription list within three weeks from the date of the issue resolution.
Payment for subscribed shares shall be made by way of set-off at the same time
as subscription.

The board of directors has the right to extend the subscription period.

The new shares entitle to dividends for the first time on the record date
for dividends that occurs after the new share issue has been registered with the
Swedish Companies Registration Office and the shares have been recorded in the
share register kept by Euroclear Sweden AB.

The Board of Directors, or a person appointed by the Board of Directors,
shall be authorized to make the minor adjustments required for the registration
of the resolution with the Swedish Companies Registration Office.

Documents according to Chapter 13, Section 6-7 of the Swedish Companies Act have
been drawn up.

Item 7c - Resolution on a directed set-off to repay the convertible loan entered
into in August 2023

The Board of Directors proposes that the Extraordinary General Meeting resolves
on a set-off issue of a maximum of NOK 48,370,222, entailing an increase in the
share capital of not more than SEK 1,797,434.17378127 to offset the convertible
loan that the Company entered into in August 2023.The resolution shall otherwise
be governed by the following terms and conditions.

The right to subscribe for the new shares shall be vested in the lenders of
the convertible loan that the Company entered into in August 2023. The lenders
are listed in the table below:

±---------------±-----------------±---------±-----------------------+
|Subscriber |Total loan amount |Number of |Subscription funds (NOK)|
| |including interest|shares | |
| |(NOK) | | |
±---------------±-----------------±---------±-----------------------+
|Atoli AS |10,545,833 |10,545,833|10,545,833 |
±---------------±-----------------±---------±-----------------------+
|Gåsø |4,921,389 |4,921,389 |4,921,389 |
|Næringsutvikling| | | |
|AS | | | |
±---------------±-----------------±---------±-----------------------+
|Esmar AS |4,218,333 |4,218,333 |4,218,333 |
±---------------±-----------------±---------±-----------------------+
|Bernhd. Brekke |4,218,333 |4,218,333 |4,218,333 |
|A/S | | | |
±---------------±-----------------±---------±-----------------------+
|B Finans AS |4,218,333 |4,218,333 |4,218,333 |
±---------------±-----------------±---------±-----------------------+
|GH Holding AS |4,218,333 |4,218,333 |4,218,333 |
±---------------±-----------------±---------±-----------------------+
|Nautilus Invest |1,406,111 |1,406,111 |1,406,111 |
|AS | | | |
±---------------±-----------------±---------±-----------------------+
|HILA AS |2,812,222 |2,812,222 |2,812,222 |
±---------------±-----------------±---------±-----------------------+
|PIR Invest |1,406,111 |1,406,111 |1,406,111 |
|Holding AS | | | |
±---------------±-----------------±---------±-----------------------+
|Kanoka Invest AS|1,026,461 |1,026,461 |1,026,461 |
±---------------±-----------------±---------±-----------------------+
|Torsen Tankers &|843,667 |843,667 |843,667 |
|Towers AS | | | |
±---------------±-----------------±---------±-----------------------+
|TURTLE INVEST AS|703,056 |703,056 |703,056 |
±---------------±-----------------±---------±-----------------------+
|Scanpipe |703,056 |703,056 |703,056 |
|Engineering AS | | | |
±---------------±-----------------±---------±-----------------------+
|Predichem AS |703,056 |703,056 |703,056 |
±---------------±-----------------±---------±-----------------------+
|JK Vision AS |703,056 |703,056 |703,056 |
±---------------±-----------------±---------±-----------------------+
|Araco AS |703,056 |703,056 |703,056 |
±---------------±-----------------±---------±-----------------------+
|Eidco AS |703,056 |703,056 |703,056 |
±---------------±-----------------±---------±-----------------------+
|Cfs Invest AS |703,056 |703,056 |703,056 |
±---------------±-----------------±---------±-----------------------+
|YmeblodAS |562,444 |562,444 |562,444 |
±---------------±-----------------±---------±-----------------------+
|Kingfisher AS |562,444 |562,444 |562,444 |
±---------------±-----------------±---------±-----------------------+
|Knut Invest AS |562,444 |562,444 |562,444 |
±---------------±-----------------±---------±-----------------------+
|Harto Invest AS |562,444 |562,444 |562,444 |
±---------------±-----------------±---------±-----------------------+
|Astrania AS |351,528 |351,528 |351,528 |
±---------------±-----------------±---------±-----------------------+
|Simen Sandelien |281,222 |281,222 |281,222 |
±---------------±-----------------±---------±-----------------------+
|Archelon Natural|281,222 |281,222 |281,222 |
|Resources AB | | | |
±---------------±-----------------±---------±-----------------------+
|Tobi Invest AS |140,611 |140,611 |140,611 |
±---------------±-----------------±---------±-----------------------+
|Marlea AS |140,611 |140,611 |140,611 |
±---------------±-----------------±---------±-----------------------+
|Arne Tyssø |98,428 |98,428 |98,428 |
±---------------±-----------------±---------±-----------------------+
|Terje Berg |70,306 |70,306 |70,306 |
±---------------±-----------------±---------±-----------------------+
|Sum: |48,370,222 |48,370,222|48,370,222 |
±---------------±-----------------±---------±-----------------------+

Three of the companies are related to Akobo Mineral’s board of directors and
management. Esmar AS is a company related to board member Carl Eide, PIR Invest
Holding AS AS is related to board member Hans Olav Torsen and Kanoka Invest AS
is related to the Company’s CEO Jørgen Evjen. The reason for deviation from the
shareholders’ pre-emption rights is the company’s wish to set-off debt against
new shares.

The subscription price per subscribed share shall be NOK 1.00. The
subscription price corresponds to the subscription price in the completed
directed share issue that was announced on 26 February 2024 and has been
determined through negotiations with the lenders at arm’s length and is deemed
by the Board of Directors - in light of the agreement - to be in accordance with
market conditions.

The share premium shall be added to the unrestricted share premium reserve.

Subscription of the newly issued shares shall be made by signing a
subscription list within three weeks from the date of the issue resolution.
Payment for subscribed shares shall be made by way of set-off at the same time
as subscription.

The board of directors has the right to extend the subscription period.

The new shares entitle to dividends for the first time on the record date
for dividends that occurs after the new share issue has been registered with the
Swedish Companies Registration Office and the shares have been recorded in the
share register kept by Euroclear Sweden AB.

The Board of Directors, or a person appointed by the Board of Directors,
shall be authorized to make the minor adjustments required for the registration
of the resolution with the Swedish Companies Registration Office.

Documents according to Chapter 13, Section 6-7 of the Swedish Companies Act have
been drawn up.

Number of shares and votes in the Company

At the time of the issuance of this notice, the total number of registered
shares and votes in the Company amounts to 53 150 223. The Company does not hold
any own shares.

Miscellaneous

Shareholders of the Company are, where the Board of Directors believes that it
may take place without significant harm to the Company, at the general meeting
entitled to receive information in respect of any circumstances which may affect
the assessment of a matter on the agenda (i.e. the right to request information
pursuant to Chapter 7, Sections 32 and 57 of the Swedish Companies Act).

Personal information

For information on how your personal information is treated see the privacy
policy available on Euroclear’s website,
https://www.euroclear.com/dam/ESw/Legal/Privacy_notice_BOSS_20181023.pdf

Gothenburg, February 2024

Akobo Minerals AB (publ)

The Board of Directors

Kilde

TekBot · februar 27, 2024, 5:30pm

Kallelse till extra bolagsstämma i Akobo Minerals AB (publ)

Aktieägarna i Akobo Minerals AB (publ), org nr 559148-1253 (“Bolaget”), kallas
härmed till extra bolagsstämma den 2 april 2024 kl. 15.00 på Södra Allégatan 13,
413 01 Göteborg.
…
Vis børsmeldingen

Deltagande

Aktieägare som vill delta på bolagsstämma ska:
    dels vara införd i den av Euroclear Sweden AB förda aktieboken den 21
mars 2024 (tillfällig inregistrering av aktieägare registrerade vid norska
värdepapperscentralen, Euronext Securities Oslo (tidigare VPS) görs av DNB Bank
ASA efter anmälan av aktieägare enligt instruktionerna nedan); och
    dels anmäla sitt deltagande till Bolaget senast den 25 mars 2024.
Anmälan ska ske via e-post till ir@akobominerals.com eller via post till Bolaget
under adress Akobo Minerals AB (publ), Södra Allégatan 13, 413 01 Göteborg.

Vid anmälan ska uppges namn, person- eller organisationsnummer, adress,
telefonnummer, antal aktier samt eventuella biträden eller ombud (högst två).
Till anmälan ska även, i förekommande fall, till exempel avseende juridiska
personer, bifogas fullständiga behörighetshandlingar såsom registreringsbevis
eller motsvarande.

Ombud etc.

Aktieägare som företräds genom ombud ska utfärda skriftlig, av aktieägaren
undertecknad och daterad fullmakt för ombudet. Fullmaktens giltighetstid får
vara högst fem år om det särskilt anges. Anges ingen giltighetstid gäller
fullmakten högst ett år. Om fullmakten utfärdas av juridisk person ska kopia av
registreringsbevis eller motsvarande för den juridiska personen bifogas.
Registreringsbeviset får inte vara utfärdat tidigare än ett år före
stämmodagen.Fullmakten i original samt eventuellt registreringsbevis bör i god
tid före bolagsstämman insändas per brev till Bolaget på ovan angiven adress.
Fullmaktsformulär finns tillgängligt på Bolagets hemsida www.akobominerals.com.

Förvaltarregistrerade aktier

För att ha rätt att delta i stämman måste en aktieägare som låtit
förvaltarregistrera sina aktier, förutom att anmäla sig till stämman låta
registrera aktierna i eget namn så att aktieägaren blir upptagen i
framställningen av aktieboken per avstämningsdagen den 21 mars 2024. Sådan
omregistrering kan vara tillfällig (s.k. rösträttsregistrering) och begärs hos
förvaltaren enligt förvaltarens rutiner i sådan tid i förväg som förvaltaren
bestämmer. Rösträttsregistrering som gjorts av förvaltaren senast den 25 mars
2024 kommer att beaktas vid framställningen av bolagsstämmoaktieboken.

Speciellt för aktieägare registrerade vid Euronext Securities Oslo

Aktieägare registrerade vid Euronext Securities Oslo (tidigare VPS) som inte är
registrerade vid Euroclear Sweden AB, Sverige, och önskar bli röstberättigade
vid bolagsstämman måste göra anmälan härom till DNB Bank ASA senast den 14 mars
2024 kl. 12.00 CET. Anmälan skickas till DNB Bank ASA, Verdipapirservice, PB
1600 Sentrum, N-0021 Oslo, eller e-mail vote@dnb.no. Vid anmälan ska anges namn,
person- eller org. nr samt antal aktier. DNB Bank ASA kommer tillfälligt att
inregistrera aktierna hos Euroclear Sweden AB i aktieägarens namn. Aktieägare
registrerade vid Euronext Securities Oslo måste därutöver anmäla sig hos Bolaget
enligt ovan för att erhålla rösträtt vid bolagsstämman. Aktieägare registrerade
vid Euronext Securities Oslo som endast har anmält sig hos Bolaget får delta i
bolagsstämman utan rösträtt.

Förslag till dagordning

Val av ordförande vid stämman.

Upprättande och godkännande av röstlängd.

Prövning av om stämman blivit behörigen sammankallad.

Godkännande av dagordning.

Val av en eller två justeringsmän.

Ändring av bolagsordningen

Beslut om riktad kvittningsemission

Stämmans avslutande.

Punkt 6 - Ändring av bolagsordningen

För att möjliggöra registrering av kvittningsemissionen som avses besluta om
under punkt 7 föreslår styrelsen att stämman fattar beslut om att ändra
gränserna för aktiekapitalet och antalet aktier i bolagsordningen. Beslut enligt
punkt 6 villkoras av att även punkt 7 röstas igenom av extra bolagsstämman.

§ 4 i bolagsordningen föreslås erhålla följande lydelse.

Nuvarande lydelse

Aktiekapitalet ska vara lägst 1 590 448 kronor och högst 6 361 792 kronor.

Föreslagen lydelse

Aktiekapitalet ska vara lägst 5 759 790 kronor och högst 23 039 160 kronor.

§ 5 i bolagsordningen föreslås erhålla följande lydelse.

Nuvarande lydelse

Antalet aktier ska vara lägst 42 800 000 och högst 171 200 000 st.

Föreslagen lydelse

Antalet aktier ska vara lägst 155 000 000 och högst 620 000 000.

Styrelsen, den verkställande direktören, eller den som styrelsen eller
verkställande direktören utser, bemyndigas vidare att vidta de smärre ändringar
i beslutet som kan visa sig erforderliga i samband med registreringen av
beslutet vid Bolagsverket eller på grund av andra formella krav.

För giltigt beslut erfordras biträde av aktieägare som representerar minst två
tredjedelar av såväl de avgivna rösterna som de vid stämman företrädda aktierna.

Punkt 7 - Beslut om riktad kvittningsemission

Beslut enligt punkt 7a, 7b och 7c nedan ska fattas som ett beslut och är således
villkorade av varandra. Emissionsbesluten förutsätter ändring av
bolagsordningen.

För giltigt beslut enligt punkterna 7a-c fordras att beslutet biträds av
aktieägare med minst nio tiondelar av såväl de avgivna rösterna som de vid
stämman företrädda aktierna.

Punkt 7a - Beslut om riktad kvittningsemission för återbetalning av brygglån
ingånget i februari 2024

Styrelsen föreslår att bolagsstämman, beslutar om en kvittningsemission av högst
7 896 667 NOK, innebärande en ökning av aktiekapitalet med högst 293
439,610940194 SEK för att kvitta brygglånet offentliggjort av Bolaget genom
pressmeddelande den 8 februari 2024 mot aktier. För beslutet ska i övrigt
följande villkor gälla.

Rätt att teckna de nya aktierna ska tillkomma långivarna till brygglånet
offentliggjort den 8 februari 2024. Långivarna framgår av tabellen nedan:

±--------±--------------±-------------±--------------------+
|Tecknare |Total fordran |Antalet aktier|Teckningslikvid (NOK)|
| |inklusive ränta| | |
| |(NOK) | | |
±--------±--------------±-------------±--------------------+
|Esmar AS |4 606 389 |4 606 389 |4 606 389 |
±--------±--------------±-------------±--------------------+
|Nautilus |1 316 111 |1 316 111 |1 316 111 |
|Invest AS| | | |
±--------±--------------±-------------±--------------------+
|Kanoka |658 056 |658 056 |658 056 |
|Invest AS| | | |
±--------±--------------±-------------±--------------------+
|Predichem|1 316 111 |1 316 111 |1 316 111 |
|AS | | | |
±--------±--------------±-------------±--------------------+
|Summa: |7 896 667 |7 896 667 |7 896 667 |
±--------±--------------±-------------±--------------------+

Två av bolagen är närstående till Akobo Minerals styrelse och ledning. Esmar
AS ett bolag närstående till styrelseledamoten Carl Eide och Kanoka Invest AS
närstående till Bolagets VD Jørgen Evjen. Skälen till avvikelsen från
aktieägarnas företrädesrätt är bolaget önskar kvitta skuld mot nya aktier.

För varje tecknad aktie ska erläggas 1,00 NOK. Teckningskursen motsvarar
teckningskursen i den genomförda riktade nyemissionen som offentliggjordes den
26 februari 2024 och har fastställts genom förhandlingar med långivarna på en
armlängds avstånd och bedöms av styrelsen - mot bakgrund av överenskommelsen -
vara marknadsmässig.

Överkursen ska tillföras den fria överkursfonden.

Teckning av de nyemitterade aktierna ska ske genom undertecknande av
teckningslista inom tre veckor från dagen för emissionsbeslutet. Betalning för
tecknade aktier ska ske genom kvittning samtidigt som teckning.

Styrelsen äger rätt att förlänga teckningstiden.

De nya aktierna medför rätt till vinstutdelning första gången på den
avstämningsdag för utdelning som infaller närmast efter det att nyemissionen har
registrerats hos Bolagsverket och aktierna införts i aktieboken hos Euroclear
Sweden AB.

Styrelsen eller den styrelsen utser bemyndigas att vidta de smärre
justeringar som krävs för beslutets registrering vid Bolagsverket.

Handlingar enligt 13 kap. 6-7 §§ aktiebolagslagen har upprättats.

Punkt 7b - Beslut om riktad kvittningsemission för återbetalning av konvertibelt
lån ingånget i mars 2023

Styrelsen föreslår att bolagsstämman, beslutar om en kvittningsemission av högst
29 320 510 NOK, innebärande en ökning av aktiekapitalet med högst 1 089
548,16595 SEK för att kvitta det konvertibellån som Bolaget ingick i mars 2023.
För beslutet ska i övrigt följande villkor gälla.

Rätt att teckna de nya aktierna ska tillkomma långivarna till konvertibellån
som Bolaget ingick i mars 2023 som hr meddelat att de önskar kvitta sin fordran.
Långivarna framgår av tabellen nedan:

±------------±--------------±-------------±--------------------+
|Tecknare |Total fordran |Antalet aktier|Teckningslikvid (NOK)|
| |inklusive ränta| | |
| |(NOK) | | |
±------------±--------------±-------------±--------------------+
|GH Holding AS|3 913 750 |3 913 750 |3 913 750 |
±------------±--------------±-------------±--------------------+
|Atoli AS |3 913 750 |3 913 750 |3 913 750 |
±------------±--------------±-------------±--------------------+
|Bernhd. |3 261 458 |3 261 458 |3 261 458 |
|Brekke A/S | | | |
±------------±--------------±-------------±--------------------+
|Esmar AS |2 609 167 |2 609 167 |2 609 167 |
±------------±--------------±-------------±--------------------+
|B Finans AS |2 609 167 |2 609 167 |2 609 167 |
±------------±--------------±-------------±--------------------+
|Nautilus |2 283 021 |2 283 021 |2 283 021 |
|Invest AS | | | |
±------------±--------------±-------------±--------------------+
|PIR Invest |1 304 583 |1 304 583 |1 304 583 |
|Holding AS | | | |
±------------±--------------±-------------±--------------------+
|TURTLE INVEST|1 304 583 |1 304 583 |1 304 583 |
|AS | | | |
±------------±--------------±-------------±--------------------+
|YmeblodAS |1 304 583 |1 304 583 |1 304 583 |
±------------±--------------±-------------±--------------------+
|Scanpipe |782 750 |782 750 |782 750 |
|Engineering | | | |
|AS | | | |
±------------±--------------±-------------±--------------------+
|Kanoka Invest|782 750 |782 750 |782 750 |
|AS | | | |
±------------±--------------±-------------±--------------------+
|Eidco AS |652 292 |652 292 |652 292 |
±------------±--------------±-------------±--------------------+
|Predichem AS |652 292 |652 292 |652 292 |
±------------±--------------±-------------±--------------------+
|Kgp Invest AS|652 292 |652 292 |652 292 |
±------------±--------------±-------------±--------------------+
|Alpine |652 292 |652 292 |652 292 |
|Capital AS | | | |
±------------±--------------±-------------±--------------------+
|Torsen |391 375 |391 375 |391 375 |
|Tankers & | | | |
|Towers AS | | | |
±------------±--------------±-------------±--------------------+
|Kingfisher AS|326 146 |326 146 |326 146 |
±------------±--------------±-------------±--------------------+
|Knut Invest |326 146 |326 146 |326 146 |
|AS | | | |
±------------±--------------±-------------±--------------------+
|Harto Invest |326 146 |326 146 |326 146 |
|A | | | |
±------------±--------------±-------------±--------------------+
|Astrania AS |326 146 |326 146 |326 146 |
±------------±--------------±-------------±--------------------+
|Oskar |260 917 |260 917 |260 917 |
|Investment AS| | | |
±------------±--------------±-------------±--------------------+
|Promin AS |260 917 |260 917 |260 917 |
±------------±--------------±-------------±--------------------+
|Lasse |130 458 |130 458 |130 458 |
|Halvorsen | | | |
±------------±--------------±-------------±--------------------+
|Marlea AS |130 458 |130 458 |130 458 |
±------------±--------------±-------------±--------------------+
|Tobi Invest |97 844 |97 844 |97 844 |
|AS | | | |
±------------±--------------±-------------±--------------------+
|Tereda |65 229 |65 229 |65 229 |
|Holding AS | | | |
±------------±--------------±-------------±--------------------+
|Summa: |29 320 510 |29 320 510 |29 320 510 |
±------------±--------------±-------------±--------------------+

Fyra av bolagen är närstående till Akobo Minerals styrelse och ledning.
Esmar AS ett bolag närstående till styrelseledamoten Carl Eide, Promin AS är ett
bolag närstående till styrelseledamoten Helge Rushfeldt, PIR Invest Holding AS
är ett bolag närstående till styrelseledamoten Hans Olav Torsen och Kanoka
Invest AS närstående till Bolagets VD Jørgen Evjen. Skälen till avvikelsen från
aktieägarnas företrädesrätt är bolaget önskar kvitta skuld mot nya aktier.

För varje tecknad aktie ska erläggas 1,00 NOK. Teckningskursen motsvarar
teckningskursen i den genomförda riktade nyemissionen som offentliggjordes den
26 februari 2024 och har fastställts genom förhandlingar med långivarna på en
armlängds avstånd och bedöms av styrelsen - mot bakgrund av överenskommelsen -
vara marknadsmässig.

Överkursen ska tillföras den fria överkursfonden.

Teckning av de nyemitterade aktierna ska ske genom undertecknande av
teckningslista inom tre veckor från dagen för emissionsbeslutet. Betalning för
tecknade aktier ska ske genom kvittning samtidigt som teckning.

Styrelsen äger rätt att förlänga teckningstiden.

De nya aktierna medför rätt till vinstutdelning första gången på den
avstämningsdag för utdelning som infaller närmast efter det att nyemissionen har
registrerats hos Bolagsverket och aktierna införts i aktieboken hos Euroclear
Sweden AB.

Styrelsen eller den styrelsen utser bemyndigas att vidta de smärre
justeringar som krävs för beslutets registrering vid Bolagsverket.

Handlingar enligt 13 kap. 6-7 §§ aktiebolagslagen har upprättats.

Punkt 7c - Beslut om riktad kvittningsemission för återbetalning av konvertibelt
lån ingånget i augusti 2023

Styrelsen föreslår att bolagsstämman, beslutar om en kvittningsemission av högst
48 370 222 NOK, innebärande en ökning av aktiekapitalet med högst 1 797
434,17378127 SEK för att kvitta det konvertibellån som Bolaget ingick i augusti
2023. För beslutet ska i övrigt följande villkor gälla.

Rätt att teckna de nya aktierna ska tillkomma långivarna till konvertibellån
som Bolaget ingick i augusti 2023 som hr meddelat att de önskar kvitta sin
fordran. Långivarna framgår av tabellen nedan:

±---------------±--------------±-------------±--------------------+
|Tecknare |Total fordran |Antalet aktier|Teckningslikvid (NOK)|
| |inklusive ränta| | |
| |(NOK) | | |
±---------------±--------------±-------------±--------------------+
|Atoli AS |10 545 833 |10 545 833 |10 545 833 |
±---------------±--------------±-------------±--------------------+
|Gåsø |4 921 389 |4 921 389 |4 921 389 |
|Næringsutvikling| | | |
|AS | | | |
±---------------±--------------±-------------±--------------------+
|Esmar AS |4 218 333 |4 218 333 |4 218 333 |
±---------------±--------------±-------------±--------------------+
|Bernhd. Brekke |4 218 333 |4 218 333 |4 218 333 |
|A/S | | | |
±---------------±--------------±-------------±--------------------+
|B Finans AS |4 218 333 |4 218 333 |4 218 333 |
±---------------±--------------±-------------±--------------------+
|GH Holding AS |4 218 333 |4 218 333 |4 218 333 |
±---------------±--------------±-------------±--------------------+
|Nautilus Invest |1 406 111 |1 406 111 |1 406 111 |
|AS | | | |
±---------------±--------------±-------------±--------------------+
|HILA AS |2 812 222 |2 812 222 |2 812 222 |
±---------------±--------------±-------------±--------------------+
|Pir Invest |1 406 111 |1 406 111 |1 406 111 |
|Holding AS | | | |
±---------------±--------------±-------------±--------------------+
|Kanoka Invest AS|1 026 461 |1 026 461 |1 026 461 |
±---------------±--------------±-------------±--------------------+
|Torsen Tankers &|843 667 |843 667 |843 667 |
|Towers AS | | | |
±---------------±--------------±-------------±--------------------+
|TURTLE INVEST AS|703 056 |703 056 |703 056 |
±---------------±--------------±-------------±--------------------+
|Scanpipe |703 056 |703 056 |703 056 |
|Engineering AS | | | |
±---------------±--------------±-------------±--------------------+
|Predichem AS |703 056 |703 056 |703 056 |
±---------------±--------------±-------------±--------------------+
|JK Vision AS |703 056 |703 056 |703 056 |
±---------------±--------------±-------------±--------------------+
|Araco AS |703 056 |703 056 |703 056 |
±---------------±--------------±-------------±--------------------+
|Eidco AS |703 056 |703 056 |703 056 |
±---------------±--------------±-------------±--------------------+
|Cfs Invest AS |703 056 |703 056 |703 056 |
±---------------±--------------±-------------±--------------------+
|YmeblodAS |562 444 |562 444 |562 444 |
±---------------±--------------±-------------±--------------------+
|Kingfisher AS |562 444 |562 444 |562 444 |
±---------------±--------------±-------------±--------------------+
|Knut Invest AS |562 444 |562 444 |562 444 |
±---------------±--------------±-------------±--------------------+
|Harto Invest AS |562 444 |562 444 |562 444 |
±---------------±--------------±-------------±--------------------+
|Astrania AS |351 528 |351 528 |351 528 |
±---------------±--------------±-------------±--------------------+
|Simen Sandelien |281 222 |281 222 |281 222 |
±---------------±--------------±-------------±--------------------+
|Archelon Natural|281 222 |281 222 |281 222 |
|Resources AB | | | |
±---------------±--------------±-------------±--------------------+
|Tobi Invest AS |140 611 |140 611 |140 611 |
±---------------±--------------±-------------±--------------------+
|Marlea AS |140 611 |140 611 |140 611 |
±---------------±--------------±-------------±--------------------+
|Arne Tyssø |98 428 |98 428 |98 428 |
±---------------±--------------±-------------±--------------------+
|Terje Berg |70 306 |70 306 |70 306 |
±---------------±--------------±-------------±--------------------+
|Summa: |48 370 222 |48 370 222 |48 370 222 |
±---------------±--------------±-------------±--------------------+

Tre av bolagen är närstående till Akobo Minerals styrelse och ledning. Esmar
AS ett bolag närstående till styrelseledamoten Carl Eide, PIR Invest Holding AS
är ett bolag närstående till Hans Olav Torsen och Kanoka Invest AS närstående
till Bolagets VD Jørgen Evjen. Skälen till avvikelsen från aktieägarnas
företrädesrätt är bolaget önskar kvitta skuld mot nya aktier.

För varje tecknad aktie ska erläggas 1,00 NOK. Teckningskursen motsvarar
teckningskursen i den genomförda riktade nyemissionen som offentliggjordes den
26 februari 2024 och har fastställts genom förhandlingar med långivarna på en
armlängds avstånd och bedöms av styrelsen - mot bakgrund av överenskommelsen -
vara marknadsmässig.

Överkursen ska tillföras den fria överkursfonden.

Teckning av de nyemitterade aktierna ska ske genom undertecknande av
teckningslista inom tre veckor från dagen för emissionsbeslutet. Betalning för
tecknade aktier ska ske genom kvittning samtidigt som teckning.

Styrelsen äger rätt att förlänga teckningstiden.

De nya aktierna medför rätt till vinstutdelning första gången på den
avstämningsdag för utdelning som infaller närmast efter det att nyemissionen har
registrerats hos Bolagsverket och aktierna införts i aktieboken hos Euroclear
Sweden AB.

Styrelsen eller den styrelsen utser bemyndigas att vidta de smärre
justeringar som krävs för beslutets registrering vid Bolagsverket.

Handlingar enligt 13 kap. 6-7 §§ aktiebolagslagen har upprättats.

Antalet aktier och röster i Bolaget
Vid tidpunkten för utfärdandet av denna kallelse uppgår det totala antalet
registrerade aktier och röster i Bolaget till 53 150 233. Bolaget innehar inga
egna aktier.

Övrigt

Bolagets aktieägare har rätt att, där styrelsen bedömer att det kan ske utan
väsentlig skada för Bolaget, på bolagsstämman begära att styrelsen lämnar
upplysningar om förhållanden som kan inverka på bedömningen av ett ärende på
dagordningen (aktieägarnas frågerätt i enlighet med 7 kap. 32 och 57 §§).

Behandling av personuppgifter

För information om hur dina personuppgifter behandlas hänvisas till den
integritetspolicy som finns tillgänglig på Euroclear Swedens webbplats:
https://www.euroclear.com/dam/ESw/Legal/Integritetspolicy_for_deltagare_pa_bolags
stammor_20181023.pdf

Göteborg i februari 2024

Akobo Minerals AB (publ)

Styrelsen

Kilde

XCR · februar 27, 2024, 6:46pm

Sto det noe sted til hvilken kurs?..

aTinyHorse · februar 27, 2024, 8:01pm

Ja, i den første meldingen er kursen på både private placement og subsequent rights issue satt til 1 NOK.

XCR · februar 27, 2024, 8:25pm

Takker! Hadde ikke tid til å lese.

Da skal vi vel ned til 1-1.2 i morgen.

aTinyHorse · februar 28, 2024, 5:58am

DN er ikke nådig.

https://www.dn.no/marked/akobo-minerals/oslo-bors/finans/akobo-minerals-henter-34-millioner-til-dumpingkurs/2-1-1604577

TekBot · mars 6, 2024, 7:00am

Akobo Mineral AB (publ) - Ex. Subscription Rights today

Issuer name: Akobo Minerals AB (publ)

Ex. date: 6 March 2024
…

Vis børsmeldingen

Type of corporate action: Subsequent Rights Issue

This information is published in accordance with the requirements of the
Continuing Obligations of issuers admitted to trading on Euronext Growth Oslo.

For further information, contact:

Jørgen Evjen, CEO, Akobo Minerals

Mob: (+47) 92 80 40 14

Mail: jorgen@akobominerals.com

LinkedIn: www.linkedin.com/company/akobominerals

Web: www.akobominerals.com

About Akobo Minerals

Akobo Minerals is a Scandinavian-based gold exploration and boutique mining
company, currently holding an exploration license covering 182 km2 and a mining
license covering 16 km2 in the Gambela region and Dima Woreda, Ethiopia. The
company has established itself as the leading gold exploration company in
Ethiopia through more than 13 years of on-the-ground activity, which has now
been enhanced further with the development of its Segele mine.

Akobo Minerals’ Segele mine has an Inferred and Indicated Mineral Resource of
68,000 ounces, yielding a world-class gold grade of 22.7 g/ton. Still open to
depth, the gold mineralised zone continues to expand and will have a positive
impact on future resource estimates and the life expectancy of the mine. The
exploration license holds numerous promising exploration resource-building
prospects in both the vicinity of Segele and in the wider license area.

Akobo Minerals has an excellent relationship with local communities all the way
up to national authorities and the company places environment and social
governance (ESG) at the heart of its activities - as demonstrated by a planned,
industry-leading, extended shared value program.

Akobo Minerals has built a strong local foothold based on the principles of
sound ethics, transparency and communication, and is ready to take on new
opportunities and ventures as they arise. The company is uniquely positioned to
become a major player in the future development of the very promising Ethiopian
mining industry. The company is headquartered in Oslo and is publicly listed on
the Euronext Growth Oslo Exchange and the Frankfurt Stock Exchange under the
ticker symbol AKOBO. For US investors, Akobo Minerals AB (OTCQX: AKOBF) is
traded on the OTCQX Best Market, adhering to high financial standards, best
practice corporate governance, and compliance with U.S. securities laws.
Additionally, the company has a professional third-party sponsor introduction,
and investors can access current financial disclosures and Real-Time Level 2
quotes for the company on
www.otcmarkets.com (https://eur03.safelinks.protection.outlook.com/?url=http%3A%2
F%2Fwww.otcmarkets.com%2F&data=05%7C02%7Cmartine.vik%40schjodt.com%7C4d5e091c202b
4253d9ec08dc3783d921%7C4651385ecc6244a7bde5dbda3fc721be%7C0%7C0%7C638446286622537
092%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiL
CJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=usf8PyEpjE6IyHg5KA1jol5VwiR%2Fw%2FXI9c1Z5JZ4AiM%
3D&reserved=0).

Akobo Minerals places great emphasis on meeting and exceeding industry
standards, fully complying with all aspects of the JORC code, 2012. For detailed
information on their adherence to this code, please refer to
https://www.jorc.org/. Akobo Minerals’ unwavering commitment to ethical
practices, community engagement, and environmental responsibility positions them
as a formidable force in the evolving landscape of the Ethiopian mining sector.

Kilde

TekBot · mars 8, 2024, 11:41am

Akobo Minerals AB (publ) - New share capital registered

Oslo, Norway - 8 March 2024 - Reference is made to the stock exchange
announcement published by Akobo Minerals AB (publ) (the “Company”) on 27
February 2024, in which the Company announced the successful completion of a
…

Vis børsmeldingen

private placement of 34,003,550 new shares in the Company, each with a quota
value of SEK 0.03716, at a subscription price of NOK 1 per new share.

Today, the new share capital was registered with the Swedish Companies
Registration Office (Sw: “Bolagsverket”).

Following registration, the Company has a share capital of SEK
3,238,628.30243317 divided into 87,153,773 shares, each with a quota value of
SEK 0.0371599322777818.

The shares are validly issued and fully paid up.

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act and the EU Market Abuse Regulation
(MAR).

For further information, contact:

Jørgen Evjen, CEO, Akobo Minerals

Mob: (+47) 92 80 40 14

Mail: jorgen@akobominerals.com

LinkedIn: www.linkedin.com/company/akobominerals

Web: www.akobominerals.com

About Akobo Minerals

Akobo Minerals is a Scandinavian-based gold exploration and boutique mining
company, currently holding an exploration license covering 182 km2 and a mining
license covering 16 km2 in the Gambela region and Dima Woreda, Ethiopia. The
company has established itself as the leading gold exploration company in
Ethiopia through more than 13 years of on-the-ground activity, which has now
been enhanced further with the development of its Segele mine.

Akobo Minerals’ Segele mine has an Inferred and Indicated Mineral Resource of
68,000 ounces, yielding a world-class gold grade of 22.7 g/ton. Still open to
depth, the gold mineralised zone continues to expand and will have a positive
impact on future resource estimates and the life expectancy of the mine. The
exploration license holds numerous promising exploration resource-building
prospects in both the vicinity of Segele and in the wider license area.

Akobo Minerals has an excellent relationship with local communities all the way
up to national authorities and the company places environment and social
governance (ESG) at the heart of its activities - as demonstrated by a planned,
industry-leading, extended shared value program.

Akobo Minerals has built a strong local foothold based on the principles of
sound ethics, transparency and communication, and is ready to take on new
opportunities and ventures as they arise. The company is uniquely positioned to
become a major player in the future development of the very promising Ethiopian
mining industry. The company is headquartered in Oslo and is publicly listed on
the Euronext Growth Oslo Exchange and the Frankfurt Stock Exchange under the
ticker symbol AKOBO. For US investors, Akobo Minerals AB (OTCQX: AKOBF) is
traded on the OTCQX Best Market, adhering to high financial standards, best
practice corporate governance, and compliance with U.S. securities laws.
Additionally, the company has a professional third-party sponsor introduction,
and investors can access current financial disclosures and Real-Time Level 2
quotes for the company on
www.otcmarkets.com (https://eur03.safelinks.protection.outlook.com/?url=http%3A%2
F%2Fwww.otcmarkets.com%2F&data=05%7C02%7Cmartine.vik%40schjodt.com%7C4d5e091c202b
4253d9ec08dc3783d921%7C4651385ecc6244a7bde5dbda3fc721be%7C0%7C0%7C638446286622537
092%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiL
CJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=usf8PyEpjE6IyHg5KA1jol5VwiR%2Fw%2FXI9c1Z5JZ4AiM%
3D&reserved=0).

Akobo Minerals places great emphasis on meeting and exceeding industry
standards, fully complying with all aspects of the JORC code, 2012. For detailed
information on their adherence to this code, please refer to
https://www.jorc.org/. Akobo Minerals’ unwavering commitment to ethical
practices, community engagement, and environmental responsibility positions them
as a formidable force in the evolving landscape of the Ethiopian mining sector.

Kilde

TekBot · mars 12, 2024, 6:49pm

Akobo Minerals AB (publ) - Registration of national prospectus

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO
RUSSIA, BELARUS, AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SWITZERLAND,
SINGAPORE, SOUTH AFRICA, UNITED STATES OF AMERICA OR ANY OTHER JURISDICTION
…

Vis børsmeldingen

WHERE SUCH ACTION IN WHOLE OR IN PART WOULD BE UNLAWFUL. THIS PRESS RELEASE DOES
NOT CONSTITUTE AN OFFER TO ACQUIRE SECURITIES IN AKOBO MINERALS AB (PUBL). SEE
THE “IMPORTANT INFORMATION” SECTION BELOW.

Reference is made to the stock exchange announcement published by Akobo Minerals
AB (publ) (the “Company”) on 27 February 2024, in which the Company announced a
subsequent rights issue (the “Subsequent Rights Issue”) of up to 28,346,785 new
shares in the Company (the “New Shares”), each with a quota value of SEK
0.0371599322777818, at a subscription price of NOK 1 per New Share
(the"Subscription Price"). In aggregate, 53,150,223 subscription rights (the
“Subscription Rights”) have been issued, whereby fifteen (15) Subscription
Rights gives the right to subscribe for eight (8) New Shares.

For the purposes of the Subsequent Rights Issue, the Company has prepared a
national prospectus (the “Prospectus”) which was registered with the Norwegian
Register of Business Enterprises (Norwegian: Foretaksregisteret) today in
accordance with section 7-8 of the Norwegian Securities Trading Act. Neither the
Financial Supervisory Authority of Norway (Norwegian: Finanstilsynet) nor any
other public authority has carried out any form of review, control, or approval
of the Prospectus. The Prospectus does not constitute an EEA prospectus.

The Prospectus will be made available electronically at the Company’s website
akobominerals.com, prior to the subscription period commencing on 13 March 2024.

This information is published in accordance with the requirements of the
Continuing Obligations for issuers listed on Euronext Growth Oslo.

For further information, contact:

Jørgen Evjen, CEO, Akobo Minerals

Mob: (+47) 92 80 40 14

Mail: jorgen@akobominerals.com

LinkedIn: www.linkedin.com/company/akobominerals

Web: www.akobominerals.com

About Akobo Minerals

Akobo Minerals is a Scandinavian-based gold exploration and boutique mining
company, currently holding an exploration license covering 182 km2 and a mining
license covering 16 km2 in the Gambela region and Dima Woreda, Ethiopia. The
company has established itself as the leading gold exploration company in
Ethiopia through more than 13 years of on-the-ground activity, which has now
been enhanced further with the development of its Segele mine.

Akobo Minerals’ Segele mine has an Inferred and Indicated Mineral Resource of
68,000 ounces, yielding a world-class gold grade of 22.7 g/ton. Still open to
depth, the gold mineralised zone continues to expand and will have a positive
impact on future resource estimates and the life expectancy of the mine. The
exploration license holds numerous promising exploration resource-building
prospects in both the vicinity of Segele and in the wider license area.

Akobo Minerals has an excellent relationship with local communities all the way
up to national authorities and the company places environment and social
governance (ESG) at the heart of its activities - as demonstrated by a planned,
industry-leading, extended shared value program.

Akobo Minerals has built a strong local foothold based on the principles of
sound ethics, transparency and communication, and is ready to take on new
opportunities and ventures as they arise. The company is uniquely positioned to
become a major player in the future development of the very promising Ethiopian
mining industry. The company is headquartered in Oslo and is publicly listed on
the Euronext Growth Oslo Exchange and the Frankfurt Stock Exchange under the
ticker symbol AKOBO. For US investors, Akobo Minerals AB (OTCQX: AKOBF) is
traded on the OTCQX Best Market, adhering to high financial standards, best
practice corporate governance, and compliance with U.S. securities laws.
Additionally, the company has a professional third-party sponsor introduction,
and investors can access current financial disclosures and Real-Time Level 2
quotes for the company on
www.otcmarkets.com (https://eur03.safelinks.protection.outlook.com/?url=http%3A%2
F%2Fwww.otcmarkets.com%2F&data=05%7C02%7Cmartine.vik%40schjodt.com%7C4d5e091c202b
4253d9ec08dc3783d921%7C4651385ecc6244a7bde5dbda3fc721be%7C0%7C0%7C638446286622537
092%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiL
CJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=usf8PyEpjE6IyHg5KA1jol5VwiR%2Fw%2FXI9c1Z5JZ4AiM%
3D&reserved=0).

Akobo Minerals places great emphasis on meeting and exceeding industry
standards, fully complying with all aspects of the JORC code, 2012. For detailed
information on their adherence to this code, please refer to
https://www.jorc.org/. Akobo Minerals’ unwavering commitment to ethical
practices, community engagement, and environmental responsibility positions them
as a formidable force in the evolving landscape of the Ethiopian mining sector.

Important information

Publication, release or distribution of this press release may in certain
jurisdictions be subject to legal restrictions and persons in the jurisdictions
where this press release has been made public or distributed should be informed
of and follow such legal restrictions. The recipient of this press release is
responsible for using this press release and the information herein in
accordance with applicable rules in each jurisdiction. This press release does
not constitute an offer or solicitation to buy or subscribe for any securities
in Akobo Minerals AB (publ) in any jurisdiction, either from Akobo Minerals AB
(publ) or from anyone else.

This press release does not contain or present a prospectus according to the
definition in Regulation (EU) 2017/1129 (“the Prospectus Regulation”) and has
not been approved by any regulatory authority in any jurisdiction. A national
prospectus has been prepared by the Company and will be published on the
Company’s website on or about 13 March 2024.

This press release does not constitute an offer or solicitation to buy or
subscribe for securities in the United States. The securities mentioned herein
may not be sold in the United States without registration, or without an
exemption from registration, under the U.S. Securities Act from 1933
(“Securities Act”) and may not be offered or sold within the United States
without being registered, covered by an exemption from, or part of a transaction
that is not subject to the registration requirements according to the Securities
Act. There is no intention to register any securities mentioned herein in the
United States or to issue a public offering of such securities in the United
States. The information in this press release may not be released, published,
copied, reproduced or distributed, directly or indirectly, wholly or in part, in
or to Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore,
South Africa, the United States or any other jurisdiction where the release,
publication or distribution of this information would violate current rules or
where such an action is subject to legal restrictions or would require
additional registration or other measures beyond those that follow from Swedish
and Norwegian law. Actions in contravention of this instruction may constitute a
violation of applicable securities legislation.

Kilde

TekBot · mars 13, 2024, 6:30am

Akobo Minerals AB (publ) - Commencement of the Subscription Period in the Subsequent Rights Issue

THIS PRESS RELEASE MAY NOT BE MADE PUBLIC, PUBLISHED OR DISTRIBUTED, DIRECTLY OR
INDIRECTLY, IN OR INTO AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND,
SWITZERLAND, SINGAPORE, SOUTH AFRICA, THE UNITED STATES OR ANY OTHER
…

Vis børsmeldingen

JURISDICTION IN WHICH SUCH ACTIONS, WHOLLY OR IN PART, WOULD BE UNLAWFUL. THIS
PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO BUY SECURITIES IN AKOBO MINERALS
AB (PUBL). SEE ALSO THE SECTION “IMPORTANT INFORMATION” BELOW IN THIS
ANNOUNCEMENT.

Oslo, Norway - 13 March 2024 - Reference is made to the stock exchange
announcement published by Akobo Minerals AB (publ) (the “Company”) on 27
February 2024, in which the Company announced a subsequent rights issue (the
“Subsequent Rights Issue”) of up to 28,346,785 new shares in the Company (the
“New Shares”), each with a quota value of SEK 0.0371599322777818, at a
subscription price of NOK 1 per New Share (the"Subscription Price"). In
aggregate, 53,150,223 subscription rights (the “Subscription Rights”) have been
issued, whereby fifteen (15) Subscription Rights gives the right to subscribe
for eight (8) New Shares.

Reference is further made to the stock exchange announcement published by the
Company on 12 March 2024, in which the Company announced that the national
prospectus pertaining to the Subsequent Rights Issue (the “Prospectus”) has been
registered with the Norwegian Register of Business Enterprises (Norwegian:
Foretaksregisteret). The Prospectus is available electronically at the Company’s
website: akobominerals.com.

Eligibility

Shareholders in the Company as of 5 March 2024 (as registered with Euroclear
Sweden AB (“Euroclear”) and in the Norwegian Central Securities Depository (the
“VPS”) two trading days thereafter, on 7 March 2024 (the “Record Date”)) (the
“Eligible Shareholders”), have received one (1) Subscription Right for each
share held by such Eligible Shareholder in the Company as of the Record Date.

Subscription Rights of Eligible Shareholders resident in jurisdictions where the
Prospectus may not be distributed and/or with legislation that, according to the
Company’s assessment, prohibits or otherwise restricts subscription for New
Shares (the"Ineligible Shareholders") have initially been credited to such
Ineligible Shareholders’VPS accounts. Such credit specifically does not
constitute an offer to Ineligible Shareholders to subscribe for New Shares. The
Company has instructed the Manager (as defined below) to, as far as possible,
withdraw the Subscription Rights from such Ineligible Shareholders’VPS accounts
with no compensation to the holder.

Subscription Rights

Fifteen (15) Subscription Rights will, subject to applicable securities laws,
give the preferential right to subscribe for, and be allocated, eight (8) New
Shares at the Subscription Price. Subscription without Subscription Rights will
be permitted; however, there can be no assurance that New Shares will be
allocated for such subscriptions.

For a description of the allocation, subscription, and payment and delivery
procedures, please refer to sections 4.9, 4.11, and 4.14 of the Prospectus.

Subscription Period

The subscription period in the Subsequent Rights Issue will commence at 09:00
hours (CET) today, 13 March 2024, and expire at 13:00 hours (CET) on 27 March
2024.

Trading in the Subscription Rights

The Subscription Rights will be listed and tradable on Euronext Growth Oslo
under the ticker ‘AKOBT’ from 09:00 hours (CET) today, 13 March 2024, to 16:30
hours (CET) on 21 March 2024. Subscription Rights that are not used to subscribe
for New Shares or sold before the expiry of the Subscription Period will have no
value and lapse without compensation to the holder. The Subscription Rights may
have economic value if the Company’s shares trade above the Subscription Price
during the Subscription Period.

Subscription Price

The Subscription Price in the Subsequent Rights Issue is NOK 1 per New Share.

For subscribers whose Subscription Rights are held in Euroclear, the
Subscription Price has been converted to SEK based on the European Central
Bank’s NOK/SEK conversion rate as of 26 February 2024. The Subscription Price
has accordingly been determined to SEK 0.98.

Conditions for completion of the Subsequent Rights Issue

The completion of the Subsequent Rights Issue is subject to the board of
directors of the Company resolving to approve the Subsequent Rights Issue and
issue the New Shares. Delivery of the New Shares (or conversion of Paid
Subscribed Shares (Sw. betalda tecknade aktier) to New Shares, as the case may
be) to subscribers is subject to, (i) the New Shares being duly paid by the
subscribers, (ii) registration of the share capital increase pertaining to the
Subsequent Rights Issue with the Swedish Companies Registration Office, and
(iii) issuance and delivery of the New Shares to the subscribers in the VPS.

Financial intermediaries

If an Eligible Shareholder holds shares in the Company registered through a
financial intermediary on the Record Date, the financial intermediary will
customarily give the Eligible Shareholder details of the aggregate number of
Subscription Rights to which it is entitled. The relevant financial intermediary
will customarily supply each Eligible Shareholder with this information in
accordance with its usual customer relations procedures. Eligible Shareholders
holding Shares through a financial intermediary should contact the financial
intermediary if they have received no information with respect to the Subsequent
Rights Issue.

Listing and commencement of trading in the New Shares

The New Shares will be admitted to trading on Euronext Growth Oslo (under ticker
‘AKOBO’) as soon as the share capital increase pertaining to the Subsequent
Rights Issue has been registered with the Swedish Companies Registration Office
and the New Shares have been registered and delivered to the VPS accounts of the
subscribers to whom they are allocated. The first day of trading of the issued
New Shares is expected to take place on or about 22 April 2024.

Advisors

SpareBank 1 Markets acts as manger in the Subsequent Rights Issue (the
“Manager”).

Advokatfirmaet Schjødt AS acts as the Company’s legal adviser in connection with
the Subsequent Rights Issue.

For further details of the terms of the Subsequent Rights Issue, please refer to
the Prospectus.

This information is published in accordance with the requirements of the
Continuing Obligations for issuers listed on Euronext Growth Oslo.

For further information, contact:

Jørgen Evjen, CEO, Akobo Minerals

Mob: (+47) 92 80 40 14

Mail: jorgen@akobominerals.com

LinkedIn: www.linkedin.com/company/akobominerals

Web: www.akobominerals.com

About Akobo Minerals

Akobo Minerals is a Scandinavian-based gold exploration and boutique mining
company, currently holding an exploration license covering 182 km2 and a mining
license covering 16 km2 in the Gambela region and Dima Woreda, Ethiopia. The
company has established itself as the leading gold exploration company in
Ethiopia through more than 13 years of on-the-ground activity, which has now
been enhanced further with the development of its Segele mine.

Akobo Minerals’ Segele mine has an Inferred and Indicated Mineral Resource of
68,000 ounces, yielding a world-class gold grade of 22.7 g/ton. Still open to
depth, the gold mineralised zone continues to expand and will have a positive
impact on future resource estimates and the life expectancy of the mine. The
exploration license holds numerous promising exploration resource-building
prospects in both the vicinity of Segele and in the wider license area.

Akobo Minerals has an excellent relationship with local communities all the way
up to national authorities and the company places environment and social
governance (ESG) at the heart of its activities - as demonstrated by a planned,
industry-leading, extended shared value program.

Akobo Minerals has built a strong local foothold based on the principles of
sound ethics, transparency and communication, and is ready to take on new
opportunities and ventures as they arise. The company is uniquely positioned to
become a major player in the future development of the very promising Ethiopian
mining industry. The company is headquartered in Oslo and is publicly listed on
the Euronext Growth Oslo Exchange and the Frankfurt Stock Exchange under the
ticker symbol AKOBO. For US investors, Akobo Minerals AB (OTCQX: AKOBF) is
traded on the OTCQX Best Market, adhering to high financial standards, best
practice corporate governance, and compliance with U.S. securities laws.
Additionally, the company has a professional third-party sponsor introduction,
and investors can access current financial disclosures and Real-Time Level 2
quotes for the company on
www.otcmarkets.com (https://eur03.safelinks.protection.outlook.com/?url=http%3A%2
F%2Fwww.otcmarkets.com%2F&data=05%7C02%7Cmartine.vik%40schjodt.com%7C4d5e091c202b
4253d9ec08dc3783d921%7C4651385ecc6244a7bde5dbda3fc721be%7C0%7C0%7C638446286622537
092%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiL
CJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=usf8PyEpjE6IyHg5KA1jol5VwiR%2Fw%2FXI9c1Z5JZ4AiM%
3D&reserved=0).

Akobo Minerals places great emphasis on meeting and exceeding industry
standards, fully complying with all aspects of the JORC code, 2012. For detailed
information on their adherence to this code, please refer to
https://www.jorc.org/. Akobo Minerals’ unwavering commitment to ethical
practices, community engagement, and environmental responsibility positions them
as a formidable force in the evolving landscape of the Ethiopian mining sector.

Important information

Publication, release or distribution of this press release may in certain
jurisdictions be subject to legal restrictions and persons in the jurisdictions
where this press release has been made public or distributed should be informed
of and follow such legal restrictions. The recipient of this press release is
responsible for using this press release and the information herein in
accordance with applicable rules in each jurisdiction. This press release does
not constitute an offer or solicitation to buy or subscribe for any securities
in Akobo Minerals AB (publ) in any jurisdiction, either from Akobo Minerals AB
(publ) or from anyone else.

This press release is not a prospectus according to the definition in Regulation
(EU) 2017/1129 (“the Prospectus Regulation”) and has not been approved by any
regulatory authority in any jurisdiction. A national prospectus has been
prepared by the Company and published on the Company’s website.

This press release does not constitute an offer or solicitation to buy or
subscribe for securities in the United States. The securities mentioned herein
may not be sold in the United States without registration, or without an
exemption from registration, under the U.S. Securities Act from 1933
(“Securities Act”), and may not be offered or sold within the United States
without being registered, covered by an exemption from, or part of a transaction
that is not subject to the registration requirements according to the Securities
Act. There is no intention to register any securities mentioned herein in the
United States or to issue a public offering of such securities in the United
States. The information in this press release may not be released, published,
copied, reproduced or distributed, directly or indirectly, wholly or in part, in
or to Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore,
South Africa, the United States or any other jurisdiction where the release,
publication or distribution of this information would violate current rules or
where such an action is subject to legal restrictions or would require
additional registration or other measures beyond those that follow from Swedish
and Norwegian law. Actions in contravention of this instruction may constitute a
violation of applicable securities legislation.

Kilde

TekBot · mars 13, 2024, 11:00am

Akobo Minerals AB to host online webinar in connection with subsequent rights issue

Akobo Minerals AB (“Akobo” or the “Company”) has the pleasure of inviting you to
an online webinar on Thursday 14 March 2024 at 13:00 CET, in connection with the
ongoing subsequent rights issue. The webinar will be hosted by SpareBank 1
…

Vis børsmeldingen

Markets AS.

Eligible shareholders have been invited to participate in a subsequent rights
issue to raise gross proceeds of up to NOK 28.3 million, following the private
placement and amendment of debt terms announced in a press release on 27
February 2024. The subscription period in the subsequent rights issue commenced
today, 13 March 2024, and will expire on 27 March 2024.

The presentation and subsequent Q&A session will be held in Norwegian and may be
viewed live at: https://bit.ly/AKOBO2024

A recording of the presentation will be made available on Akobo’s website after
the webinar.

For more information, please contact:

Jørgen Evjen

Chief Executive Officer

Mobile: +47 928 04 014

About Akobo Minerals

Akobo Minerals is a Scandinavian-based gold exploration and boutique mining
company, currently holding an exploration license covering 182 km2 and a mining
license covering 16 km2 in the Gambela region and Dima Woreda, Ethiopia. The
company has established itself as the leading gold exploration company in

Ethiopia through more than 13 years of on-the-ground activity, which has now
been enhanced further with the development of its Segele mine.

Akobo Minerals’ Segele mine has an Inferred and Indicated Mineral Resource of
68,000 ounces, yielding a world-class gold grade of 22.7 g/ton. Still open to
depth, the gold mineralised zone continues to expand and will have a positive
impact on future resource estimates and the life expectancy of the mine. The

exploration license holds numerous promising exploration resource-building
prospects in both the vicinity of Segele and in the wider license area.

Kilde

TekBot · mars 15, 2024, 10:08am

Akobo Minerals AB (publ) - Notice of transaction by PDMR

Oslo, Norway - 15 March 2024 - Reference is made to the stock exchange
announcement published by Akobo Minerals AB (publ) (the “Company”) on 27
February 2024, in which the Company announced a subsequent rights issue (the
…

Vis børsmeldingen

“Subsequent Rights Issue”) of up to 28,346,785 new shares in the Company (the
“New Shares”), each with a quota value of SEK 0.0371599322777818, at a
subscription price of NOK 1 per New Share (the"Subscription Price"). In
aggregate, 53,150,223 subscription rights (the “Subscription Rights”) have been
issued, whereby fifteen (15) Subscription Rights gives the right to subscribe
for eight (8) New Shares.

Today, PIR Invest Holding AS, a company closely associated with Hans Olav
Torsen, chairman of the board of directors and primary insider in the Company,
exercised 1,875,000 Subscription Rights, thereby subscribing for 1,000,000 New
Shares at the Subscription Price, subject to completion of the Subsequent Rights
Issue. The resolution on allocation of the New Shares is expected to be made by
the Company’s board of directors on or about 2 April 2024.

The announced contribution serves as a vital addition to the Company’s bridge
financing of NOK 6 million which was secured from existing shareholders as
announced in the stock exchange announcement published by the Company on 8
February 2024 where, among others, Esmar AS, a company closely associated with
Carl Eide, member of the board of directors and primary insider in the Company,
contributed with NOK 3,500,000 and Kanoka Invest AS, a company closely
associated with Jørgen Evjen, CEO and primary insider in the Company,
contributed with NOK 500,000. Please refer to the separate stock exchange
announcement published by the Company on 8 February 2024 for further information
about the bridge loan.

This information is subject to the disclosure requirements in article 19 of the
European Market Abuse Regulation (EU 596/2014) and section 5-12 of the Norwegian
Securities Trading Act.

For further information, contact:

Jørgen Evjen, CEO, Akobo Minerals

Mob: (+47) 92 80 40 14

Mail: jorgen@akobominerals.com

LinkedIn: www.linkedin.com/company/akobominerals

Web: www.akobominerals.com

About Akobo Minerals

Akobo Minerals is a Scandinavian-based gold exploration and boutique mining
company, currently holding an exploration license covering 182 km2 and a mining
license covering 16 km2 in the Gambela region and Dima Woreda, Ethiopia. The
company has established itself as the leading gold exploration company in
Ethiopia through more than 13 years of on-the-ground activity, which has now
been enhanced further with the development of its Segele mine.

Akobo Minerals’ Segele mine has an Inferred and Indicated Mineral Resource of
68,000 ounces, yielding a world-class gold grade of 22.7 g/ton. Still open to
depth, the gold mineralised zone continues to expand and will have a positive
impact on future resource estimates and the life expectancy of the mine. The
exploration license holds numerous promising exploration resource-building
prospects in both the vicinity of Segele and in the wider license area.

Akobo Minerals has an excellent relationship with local communities all the way
up to national authorities and the company places environment and social
governance (ESG) at the heart of its activities - as demonstrated by a planned,
industry-leading, extended shared value program.

Akobo Minerals has built a strong local foothold based on the principles of
sound ethics, transparency and communication, and is ready to take on new
opportunities and ventures as they arise. The company is uniquely positioned to
become a major player in the future development of the very promising Ethiopian
mining industry. The company is headquartered in Oslo and is publicly listed on
the Euronext Growth Oslo Exchange and the Frankfurt Stock Exchange under the
ticker symbol AKOBO. For US investors, Akobo Minerals AB (OTCQX: AKOBF) is
traded on the OTCQX Best Market, adhering to high financial standards, best
practice corporate governance, and compliance with U.S. securities laws.
Additionally, the company has a professional third-party sponsor introduction,
and investors can access current financial disclosures and Real-Time Level 2
quotes for the company on
www.otcmarkets.com (https://eur03.safelinks.protection.outlook.com/?url=http%3A%2
F%2Fwww.otcmarkets.com%2F&data=05%7C02%7Cmartine.vik%40schjodt.com%7C4d5e091c202b
4253d9ec08dc3783d921%7C4651385ecc6244a7bde5dbda3fc721be%7C0%7C0%7C638446286622537
092%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiL
CJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=usf8PyEpjE6IyHg5KA1jol5VwiR%2Fw%2FXI9c1Z5JZ4AiM%
3D&reserved=0).

Akobo Minerals places great emphasis on meeting and exceeding industry
standards, fully complying with all aspects of the JORC code, 2012. For detailed
information on their adherence to this code, please refer to
https://www.jorc.org/. Akobo Minerals’ unwavering commitment to ethical
practices, community engagement, and environmental responsibility positions them
as a formidable force in the evolving landscape of the Ethiopian mining sector.

Kilde

TekBot · mars 21, 2024, 7:00am

Akobo Minerals AB (publ) - Last day of trading in Subscription Rights in Subsequent Rights Issue

THIS PRESS RELEASE MAY NOT BE MADE PUBLIC, PUBLISHED OR DISTRIBUTED, DIRECTLY OR
INDIRECTLY, IN OR INTO AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND,
SWITZERLAND, SINGAPORE, SOUTH AFRICA, THE UNITED STATES OR ANY OTHER
…

Vis børsmeldingen

JURISDICTION IN WHICH SUCH ACTIONS, WHOLLY OR IN PART, WOULD BE UNLAWFUL. THIS
PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO BUY SECURITIES IN AKOBO MINERALS
AB (PUBL). SEE ALSO THE SECTION “IMPORTANT INFORMATION” BELOW IN THIS DOCUMENT.

Oslo, Norway - 21 March 2024 - Reference is made to the stock exchange
announcement published by Akobo Minerals AB (publ) (the “Company”) on 13 March
2024, in which the Company announced the commencement of the subscription period
in a subsequent rights issue (the “Subsequent Rights Issue”) of up to 28,346,785
new shares in the Company (the “New Shares”), each with a quota value of SEK
0.0371599322777818, at a subscription price of NOK 1 per New Share. In
aggregate, 53,150,223 subscription rights (the “Subscription Rights”) have been
issued, whereby fifteen (15) Subscription Rights gives the right to subscribe
for eight (8) New Shares.

The period for trading in the Subscription Rights (ticker ‘AKOBT’) expires at
16:30 hours (CET) today, 21 March 2024.

Subscription Rights that are not sold before 16:30 hours (CET) today, 21 March
2024, or used to subscribe for New Shares in the Subsequent Rights Issue before
expiry of the subscription period will have no value and lapse without
compensation to the holder. The subscription period for the Subsequent Rights
Issue ends on 27 March 2024 at 13:00 (CET).

For more information, please refer to the prospectus dated 11 March 2024
electronically available at the Company’s website: akobominerals.com.

For further information, contact:

Jørgen Evjen, CEO, Akobo Minerals

Mob: (+47) 92 80 40 14

Mail: jorgen@akobominerals.com

LinkedIn: www.linkedin.com/company/akobominerals

Web: www.akobominerals.com

About Akobo Minerals

Akobo Minerals is a Scandinavian-based gold exploration and boutique mining
company, currently holding an exploration license covering 182 km2 and a mining
license covering 16 km2 in the Gambela region and Dima Woreda, Ethiopia. The
company has established itself as the leading gold exploration company in
Ethiopia through more than 13 years of on-the-ground activity, which has now
been enhanced further with the development of its Segele mine.

Akobo Minerals’ Segele mine has an Inferred and Indicated Mineral Resource of
68,000 ounces, yielding a world-class gold grade of 22.7 g/ton. Still open to
depth, the gold mineralised zone continues to expand and will have a positive
impact on future resource estimates and the life expectancy of the mine. The
exploration license holds numerous promising exploration resource-building
prospects in both the vicinity of Segele and in the wider license area.

Akobo Minerals has an excellent relationship with local communities all the way
up to national authorities and the company places environment and social
governance (ESG) at the heart of its activities - as demonstrated by a planned,
industry-leading, extended shared value program.

Akobo Minerals has built a strong local foothold based on the principles of
sound ethics, transparency and communication, and is ready to take on new
opportunities and ventures as they arise. The company is uniquely positioned to
become a major player in the future development of the very promising Ethiopian
mining industry. The company is headquartered in Oslo and is publicly listed on
the Euronext Growth Oslo Exchange and the Frankfurt Stock Exchange under the
ticker symbol AKOBO. For US investors, Akobo Minerals AB (OTCQX: AKOBF) is
traded on the OTCQX Best Market, adhering to high financial standards, best
practice corporate governance, and compliance with U.S. securities laws.
Additionally, the company has a professional third-party sponsor introduction,
and investors can access current financial disclosures and Real-Time Level 2
quotes for the company on
www.otcmarkets.com (https://eur03.safelinks.protection.outlook.com/?url=http%3A%2
F%2Fwww.otcmarkets.com%2F&data=05%7C02%7Cmartine.vik%40schjodt.com%7C4d5e091c202b
4253d9ec08dc3783d921%7C4651385ecc6244a7bde5dbda3fc721be%7C0%7C0%7C638446286622537
092%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiL
CJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=usf8PyEpjE6IyHg5KA1jol5VwiR%2Fw%2FXI9c1Z5JZ4AiM%
3D&reserved=0).

Akobo Minerals places great emphasis on meeting and exceeding industry
standards, fully complying with all aspects of the JORC code, 2012. For detailed
information on their adherence to this code, please refer to
https://www.jorc.org/. Akobo Minerals’ unwavering commitment to ethical
practices, community engagement, and environmental responsibility positions them
as a formidable force in the evolving landscape of the Ethiopian mining sector.

Important information

Publication, release or distribution of this press release may in certain
jurisdictions be subject to legal restrictions and persons in the jurisdictions
where this press release has been made public or distributed should be informed
of and follow such legal restrictions. The recipient of this press release is
responsible for using this press release and the information herein in
accordance with applicable rules in each jurisdiction. This press release does
not constitute an offer or solicitation to buy or subscribe for any securities
in Akobo Minerals AB (publ) in any jurisdiction, either from Akobo Minerals AB
(publ) or from anyone else.

This press release is not a prospectus according to the definition in Regulation
(EU) 2017/1129 (“the Prospectus Regulation”) and has not been approved by any
regulatory authority in any jurisdiction. A national prospectus has been
prepared by the Company and published on the Company’s website.

This press release does not constitute an offer or solicitation to buy or
subscribe for securities in the United States. The securities mentioned herein
may not be sold in the United States without registration, or without an
exemption from registration, under the U.S. Securities Act from 1933
(“Securities Act”), and may not be offered or sold within the United States
without being registered, covered by an exemption from, or part of a transaction
that is not subject to the registration requirements according to the Securities
Act. There is no intention to register any securities mentioned herein in the
United States or to issue a public offering of such securities in the United
States. The information in this press release may not be released, published,
copied, reproduced or distributed, directly or indirectly, wholly or in part, in
or to Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore,
South Africa, the United States or any other jurisdiction where the release,
publication or distribution of this information would violate current rules or
where such an action is subject to legal restrictions or would require
additional registration or other measures beyond those that follow from Swedish
and Norwegian law. Actions in contravention of this instruction may constitute a
violation of applicable securities legislation.

Kilde

TekBot · mars 21, 2024, 4:28pm

Akobo Minerals AB (publ) - Notice of transaction by PDMR

Oslo, Norway - 21 March 2024 - Reference is made to the stock exchange
announcement published by Akobo Minerals AB (publ) (the “Company”) on 27
February 2024, in which the Company announced a subsequent rights issue (the
…

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“Subsequent Rights Issue”) of up to 28,346,785 new shares in the Company (the
“New Shares”), each with a quota value of SEK 0.0371599322777818, at a
subscription price of NOK 1 per New Share (the"Subscription Price"). In
aggregate, 53,150,223 subscription rights (the “Subscription Rights”) have been
issued, whereby fifteen (15) Subscription Rights gives the right to subscribe
for eight (8) New Shares.

Today, Kanoka Invest AS, a company closely associated with Jørgen Evjen, CEO and
primary insider in the Company, sold 1,052,306 Subscription Rights at 0.012 NOK
per Subscription Right. Jørgen Evjen also sold 60,000 Subscription Rights at
0.013 NOK per Subscription Right.

Primary insider notification pursuant to the market abuse regulation article 19
is attached.

This information is subject to disclosure requirements set out in the Market
Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act
Section 5-12.

For further information, please contact:

Jørgen Evjen, CEO Akobo Minerals

Mob: +47 92 80 40 14

Mail: jorgen@akobominerals.com

LinkedIn:www.linkedin.com/company/akobominerals

Twitter: @akobominerals

Web:https://akobominerals.com

About Akobo Minerals

Akobo Minerals is a reputable Scandinavian-based gold exploration and boutique
mining company. The company currently holds an extensive exploration license
encompassing 182 square kilometres and a 16 square kilometres mining license,
with an active mining operation in the Gambela region and Dima Woreda, Ethiopia.
Akobo Minerals has emerged as the foremost gold exploration company in Ethiopia,
boasting over 13 years of dedicated on-the-ground experience.

What sets Akobo Minerals apart is its strong commitment to fostering positive
relationships with local communities, extending all the way to national
authorities. This commitment is underscored by the company’s unwavering
dedication to environmental and social governance (ESG), as evidenced by their
groundbreaking shared value program.

Akobo Minerals has firmly established its presence in the region by upholding
the principles of ethical conduct, transparency, and open communication. This
foundation positions the company to embrace new opportunities and ventures as
they emerge, making it a key player in the burgeoning Ethiopian mining industry.

Akobo Minerals has charted a clear course for its future growth, with a strategy
centered around amassing a portfolio of valuable gold resources through high
-impact exploration and mining activities, all while maintaining an efficient
and streamlined business operation.

The company is headquartered in Oslo and is publicly listed on the Euronext
Growth Oslo Exchange and the Frankfurt Stock Exchange under the ticker symbol
AKOBO. For US investors,Akobo Minerals
AB (https://www.otcmarkets.com/stock/AKOBF/quote?utm_source=Press+Release&utm_med
ium=Press+Release&utm_campaign=New+OTCQX+Company)(OTCQX: AKOBF) is traded on the
OTCQX Best Market, adhering to high financial standards, best practice corporate
governance, and compliance with U.S. securities laws. Additionally, the company
has a professional third-party sponsor introduction, and investors can access
current financial disclosures and Real-Time Level 2 quotes for the company
onwww.otcmarkets.com.

Akobo Minerals places great emphasis on meeting and exceeding industry
standards, fully complying with all aspects of the JORC code, 2012. For detailed
information on their adherence to this code, pleaserefer
tohttps://www.jorc.org/. Akobo Minerals’ unwavering commitment to ethical
practices, community engagement, and environmental responsibility positions them
as a formidable force in the evolving landscape of the Ethiopian mining sector.

Kilde

TekBot · mars 25, 2024, 11:05am

Akobo Minerals AB releases updated and improved production mine plan for first 12 months

Oslo, 25.03.2024 - Akobo Minerals
AB (https://www.otcmarkets.com/stock/AKOBF/quote?utm_source=Press+Release&utm_med
ium=Press+Release&utm_campaign=New+OTCQX+Company) (Euronext and Frankfurt:
…

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AKOBO) (OTCQX:AKOBF).

The Scandinavian-based Ethiopian gold exploration and mining company has today
released an improved gold production mine plan for its first 12 months of mining
operations in the Eastern and Western winzes (tunnels). The updated plan
improves the current production schedule and will have a significant effect on
the initial revenue and EBITDA from the Segele mine. Most of the improvements
will come in the first part of production.

Table 1: Comparison to previously released revenue and EBITDA estimates

±------------------±--------------±----------------±---------+
| |Updated version|Previous version*|Difference|
±------------------±--------------±----------------±---------+
|12 months revenue**|39,0 mUSD |29,4 mUSD |9,6 mUSD |
±------------------±--------------±----------------±---------+
|12 months EBITDA |28,8 mUSD |20,0 mUSD |8,8 mUSD |
±------------------±--------------±----------------±---------+

Source: 27 Feb 2024. Press release: Agreement on debt restructuring, Private
Placement successfully completed, announcement of rights issue and proposed
conversion of unsecured debt

** Gold price estimate of 1950 USD per ounce

Following from the advanced operational understanding developed over the last
few months of owner operator mining and hiring of a Mine Planner, the company
has revised its mine plan and estimations for the first 12 months of gold
production. Due to the specific nature of the Segele ore body, the mining will
focus on developing stopes (pockets) targeting the high-grade gold areas of the
ore body first. The very first Stope 00 developed will be a trial stope in an
area that is not explored, before moving into the identified gold rich ore body.
The trial stope will give valuable information and experience regarding geology,
stope practice and feed to commission the plant. The next Stope 01 is then
expected to be one of the best stopes in the life of the mine.

The mine plan primarily focuses of the upper part of the resource and the first
12 months of production. Future optimisation will extend this plan and recover
more gold. The optimised part of the mine plan indicates a recovery of 77 % with
potential upside. The following assumptions have been used:

· 50 % of crosscuts counted as ore with a grade of 22.7 g/t
· No ore recovery from winzes and incline shaft (Upside)
· No pillar drawing/pillar robbing at the end of LOM (upside)
· No use of backfill to recover barrier pillars (upside)

Table 2: Details of initial stope-groups to be mined, representing next 12
months of production. Showing gold endowment from Segele SRK Mineral Resource
Estimate*

±--------------±---------±------±--------±---------------------------------
-+
|Stope group no.|Avg. grade|Tonnage|Ounces |Classification**
|
±--------------±---------±------±--------±---------------------------------
-+
|1 (group) |74.61 g/t |4,272 t|10,248 oz|Indicated mineral resource
estimate|
±--------------±---------±------±--------±---------------------------------
-+
|2 (group) |43.78 g/t |6,167 t|8,680 oz |Indicated mineral resource
estimate|
±--------------±---------±------±--------±---------------------------------
-+
|3 (group) |15.99 g/t |5,203 t|2,676 oz |Indicated mineral resource
estimate|
±--------------±---------±------±--------±---------------------------------
-+

Mineral Resource Estimate of 94ktons at an average grade of 22.7g/t and
totally 69k ounces. The Mineral Resources are reported above a 2.65g/t Au cut
off (22 April 2022)

** Source: 22nd April 2022. Press release: Akobo Minerals reports significant
gold mineral resource increase and classification upgrade which underpins strong
mine economics.

The updated mine plan uses the SRK Mineral resource model as it’s basis. The
production schedule is adjusted according to the actual mine development plan.

Early production plan for Western and Eastern Winzes (Stope group 1 and 2 from
Table 2). High grades areas indicated.[image]

In conclusion, while we acknowledge the ongoing challenges in our operational
environment that have created significant delays, including procurement and
logistics issues, we want to assure our stakeholders that we are fully committed
to addressing these obstacles. Though uncertainties still persist and may impact
our future progress, we remain focused on diligently working through these
challenges day by day, with the aim of achieving our production goals.

For further information, contact:

Jørgen Evjen, CEO, Akobo Minerals

Mob: (+47) 92 80 40 14

Mail: jorgen@akobominerals.com

LinkedIn: www.linkedin.com/company/akobominerals

Web: www.akobominerals.com

About Akobo Minerals

Akobo Minerals is a Scandinavian-based gold exploration and boutique mining
company, currently holding an exploration license covering 182 km2 and a mining
license covering 16 km2 in the Gambela region and Dima Woreda, Ethiopia. The
company has established itself as the leading gold exploration company in
Ethiopia through more than 13 years of on-the-ground activity, which has now
been enhanced further with the development of its Segele mine.

Akobo Minerals’ Segele mine has an Inferred and Indicated Mineral Resource of
68,000 ounces, yielding a world-class gold grade of 22.7 g/ton. Still open to
depth, the gold mineralised zone continues to expand and will have a positive
impact on future resource estimates and the life expectancy of the mine. The
exploration license holds numerous promising exploration resource-building
prospects in both the vicinity of Segele and in the wider license area.

Akobo Minerals has an excellent relationship with local communities all the way
up to national authorities and the company places environment and social
governance (ESG) at the heart of its activities - as demonstrated by a planned,
industry-leading, extended shared value program.

Akobo Minerals has built a strong local foothold based on the principles of
sound ethics, transparency and communication, and is ready to take on new
opportunities and ventures as they arise. The company is uniquely positioned to
become a major player in the future development of the very promising Ethiopian
mining industry. The company is headquartered in Oslo and is publicly listed on
the Euronext Growth Oslo Exchange and the Frankfurt Stock Exchange under the
ticker symbol AKOBO. For US investors, Akobo Minerals AB (OTCQX: AKOBF) is
traded on the OTCQX Best Market, adhering to high financial standards, best
practice corporate governance, and compliance with U.S. securities laws.
Additionally, the company has a professional third-party sponsor introduction,
and investors can access current financial disclosures and Real-Time Level 2
quotes for the company on
www.otcmarkets.com (https://eur03.safelinks.protection.outlook.com/?url=http%3A%2
F%2Fwww.otcmarkets.com%2F&data=05%7C02%7Cmartine.vik%40schjodt.com%7C4d5e091c202b
4253d9ec08dc3783d921%7C4651385ecc6244a7bde5dbda3fc721be%7C0%7C0%7C638446286622537
092%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiL
CJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=usf8PyEpjE6IyHg5KA1jol5VwiR%2Fw%2FXI9c1Z5JZ4AiM%
3D&reserved=0).

Akobo Minerals places great emphasis on meeting and exceeding industry
standards, fully complying with all aspects of the JORC code, 2012. For detailed
information on their adherence to this code, please refer to
https://www.jorc.org/. Akobo Minerals’ unwavering commitment to ethical
practices, community engagement, and environmental responsibility positions them
as a formidable force in the evolving landscape of the Ethiopian mining sector.

Kilde

TekBot · mars 27, 2024, 7:00am

Akobo Minerals AB (publ) - Last day of the Subscription Period in the Subsequent Rights Issue

THIS PRESS RELEASE MAY NOT BE MADE PUBLIC, PUBLISHED OR DISTRIBUTED, DIRECTLY OR
INDIRECTLY, IN OR INTO AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND,
SWITZERLAND, SINGAPORE, SOUTH AFRICA, THE UNITED STATES OR ANY OTHER
…

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JURISDICTION IN WHICH SUCH ACTIONS, WHOLLY OR IN PART, WOULD BE UNLAWFUL. THIS
PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO BUY SECURITIES IN AKOBO MINERALS
AB (PUBL). SEE ALSO THE SECTION “IMPORTANT INFORMATION” BELOW IN THIS DOCUMENT.

Oslo, Norway - 27 March 2024 - Reference is made to the stock exchange
announcement published by Akobo Minerals AB (publ) (the “Company”) on 13 March
2024, in which the Company announced the commencement of the subscription period
in a subsequent rights issue (the “Subsequent Rights Issue”) of up to 28,346,785
new shares in the Company (the “New Shares”), each with a quota value of SEK
0.0371599322777818, at a subscription price of NOK 1 per New Share. In
aggregate, 53,150,223 subscription rights (the “Subscription Rights”) have been
issued, whereby fifteen (15) Subscription Rights gives the right to subscribe
for eight (8) New Shares.

The subscription period in the Subsequent Rights Issue expires at 13:00 hours
(CET) today, 27 March 2024.

Subscription Rights that are not used to subscribe for New Shares in the
Subsequent Rights Issue before 13:00 hours (CET) today, 27 March 2024, will have
no value and lapse without compensation to the holder.

For more information, please refer to the prospectus dated 11 March 2024
electronically available at the Company’s website: akobominerals.com.

For further information, contact:

Jørgen Evjen, CEO, Akobo Minerals

Mob: (+47) 92 80 40 14

Mail: jorgen@akobominerals.com

LinkedIn: www.linkedin.com/company/akobominerals

Web: www.akobominerals.com

About Akobo Minerals

Akobo Minerals is a Scandinavian-based gold exploration and boutique mining
company, currently holding an exploration license covering 182 km2 and a mining
license covering 16 km2 in the Gambela region and Dima Woreda, Ethiopia. The
company has established itself as the leading gold exploration company in
Ethiopia through more than 13 years of on-the-ground activity, which has now
been enhanced further with the development of its Segele mine.

Akobo Minerals’ Segele mine has an Inferred and Indicated Mineral Resource of
68,000 ounces, yielding a world-class gold grade of 22.7 g/ton. Still open to
depth, the gold mineralised zone continues to expand and will have a positive
impact on future resource estimates and the life expectancy of the mine. The
exploration license holds numerous promising exploration resource-building
prospects in both the vicinity of Segele and in the wider license area.

Akobo Minerals has an excellent relationship with local communities all the way
up to national authorities and the company places environment and social
governance (ESG) at the heart of its activities - as demonstrated by a planned,
industry-leading, extended shared value program.

Akobo Minerals has built a strong local foothold based on the principles of
sound ethics, transparency and communication, and is ready to take on new
opportunities and ventures as they arise. The company is uniquely positioned to
become a major player in the future development of the very promising Ethiopian
mining industry. The company is headquartered in Oslo and is publicly listed on
the Euronext Growth Oslo Exchange and the Frankfurt Stock Exchange under the
ticker symbol AKOBO. For US investors, Akobo Minerals AB (OTCQX: AKOBF) is
traded on the OTCQX Best Market, adhering to high financial standards, best
practice corporate governance, and compliance with U.S. securities laws.
Additionally, the company has a professional third-party sponsor introduction,
and investors can access current financial disclosures and Real-Time Level 2
quotes for the company on
www.otcmarkets.com (https://eur03.safelinks.protection.outlook.com/?url=http%3A%2
F%2Fwww.otcmarkets.com%2F&data=05%7C02%7Cmartine.vik%40schjodt.com%7C4d5e091c202b
4253d9ec08dc3783d921%7C4651385ecc6244a7bde5dbda3fc721be%7C0%7C0%7C638446286622537
092%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiL
CJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=usf8PyEpjE6IyHg5KA1jol5VwiR%2Fw%2FXI9c1Z5JZ4AiM%
3D&reserved=0).

Akobo Minerals places great emphasis on meeting and exceeding industry
standards, fully complying with all aspects of the JORC code, 2012. For detailed
information on their adherence to this code, please refer to
https://www.jorc.org/. Akobo Minerals’ unwavering commitment to ethical
practices, community engagement, and environmental responsibility positions them
as a formidable force in the evolving landscape of the Ethiopian mining sector.

Important information

Publication, release or distribution of this press release may in certain
jurisdictions be subject to legal restrictions and persons in the jurisdictions
where this press release has been made public or distributed should be informed
of and follow such legal restrictions. The recipient of this press release is
responsible for using this press release and the information herein in
accordance with applicable rules in each jurisdiction. This press release does
not constitute an offer or solicitation to buy or subscribe for any securities
in Akobo Minerals AB (publ) in any jurisdiction, either from Akobo Minerals AB
(publ) or from anyone else.

This press release is not a prospectus according to the definition in Regulation
(EU) 2017/1129 (“the Prospectus Regulation”) and has not been approved by any
regulatory authority in any jurisdiction. A national prospectus has been
prepared by the Company and published on the Company’s website.

This press release does not constitute an offer or solicitation to buy or
subscribe for securities in the United States. The securities mentioned herein
may not be sold in the United States without registration, or without an
exemption from registration, under the U.S. Securities Act from 1933
(“Securities Act”), and may not be offered or sold within the United States
without being registered, covered by an exemption from, or part of a transaction
that is not subject to the registration requirements according to the Securities
Act. There is no intention to register any securities mentioned herein in the
United States or to issue a public offering of such securities in the United
States. The information in this press release may not be released, published,
copied, reproduced or distributed, directly or indirectly, wholly or in part, in
or to Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore,
South Africa, the United States or any other jurisdiction where the release,
publication or distribution of this information would violate current rules or
where such an action is subject to legal restrictions or would require
additional registration or other measures beyond those that follow from Swedish
and Norwegian law. Actions in contravention of this instruction may constitute a
violation of applicable securities legislation.

Kilde