As previously communicated, the Akobo Minerals AB (publ) (“Akobo Minerals” or the “Company”) has worked to facilitate trading in the Company’s shares at the Euronext NOTC list. The Company is pleased to announce that this will be in effect from Thursday 28 January 2021.

Akobo Minerals will be registered on the Euronext NOTC-list with ticker code “AKOBO”.

The company has issued 34,432,940 shares each with a par value SEK 0.03716 of which a number of shares are registered in the VPS with ISIN code SE0015193412. Based on the last issue price of SEK 2.50 (equivalent to NOK 2.62/share), the market capitalization is NOK 90,085,179.

Trading in shares registered on the Euronext NOTC list is done through your primary brokers trading system.

Akobo Minerals still aims to apply for its shares to be admitted to trading on Euronext Growth Oslo in 2021.

In connection with the registration on the Euronext NOTC list, the Company has provided an updated corporate presentation that is made available on its website.

For more information contact:

Jørgen Evjen, CEO 

Mob.: (+47) 92 80 40 14

Mail: jorgen@akobominerals.com

Hans Olav Torsen, Chairman

Mob: (+47) 90 19 06 78

About Akobo Minerals:

Akobo Minerals, a Norway-based gold exploration company, currently with ongoing exploration in the Akobo region in southwest Ethiopia through its wholly owned Ethiopian subsidiary Etno Mining Plc. The operations were established in 2009 by people with long experience from the public mining sector in Ethiopia and from the Norwegian oil service industry. Akobo Minerals holds an exploration license over key targets in the area. To date placer production and exploration work have outlined alluvial gold resources, and our team of geologists have worked extensively over the last 11 years to identify several potential primary gold targets. The drilling program initiated at the end of 2019 and continued through 2020 has so far shown exceptionally high-grade gold results. 

Important information:

This release is not for publication or distribution, directly or indirectly, in or into Australia, Canada, Japan, the United States or any other jurisdictions where it would be illegal. It is issued for information purposes only and does not constitute or form part of any offer or solicitation to purchase or subscribe for securities, in the United States or in any other jurisdiction. The securities referred to herein have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), and may not be offered or sold in the United States absent registration or pursuant to an exemption from registration under the U.S. Securities Act. Akobo Minerals does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States. Copies of this publication are not being, and may not be, distributed or sent into Australia, Canada, Japan or the United States.