Akobo Minerals announces that Erik Haugane has joined the Board of Directors. He was elected as new member of the Board on the annual general meeting held 18.06.2021.

“We are very pleased to have Erik join our Board of Directors. He has valuable experience in developing exploration companies, from inception to production. This is highly relevant for Akobo Minerals in the years to come as we develop from the exploration phase to small scale mining operations. Erik is also a large shareholder in Akobo Minerals and he has already been following the company for many years. The new Board of Directors looks forward to assisting the company in its future endeavors.”, says Hans Olav Torsen, Chairman of Akobo Minerals.  

Erik Haugane recently left OKEA AS as CEO, and is now focusing on own projects. He has experience as vice president in Asia Pacific, PGS ASA, and CEO of Pertra AS, Det norske oljeselskap ASA (known as Aker BP) and SIVA SF. In addition, he chaired a Konkraft (Norwegian cooperation platform for oil, gas and related industries) subcommittee on standard contract, has been a member of the Legal Committee in NOROG (oil and gas roundtable/cooperation platform) and chairperson of IAGC Scandinavia. Haugane holds several directorships, including as chairman of Way AS, board member of Folkeinvest AS and board member of Trondheim Tech Port.

Erik Haugane has a cand. real. in Geology from the University of Tromsø.

The Board of Directors consists of the following members;

• Hans Olav Torsen – Chairman
• Jørn Christiansen – Member
• Erik Haugane – Member

For more information contact:

Jørgen Evjen, CEO 

Mob.: (+47) 92 80 40 14

Mail: jorgen@akobominerals.com

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. Our team of geologists have worked extensively over the last 11 years to identify several potential primary gold targets. The ongoing drilling program initiated at the end of 2019 has so far shown exceptionally high-grade gold results including the Segele deposit with an Inferred Mineral Resource of 78ktons at 20.9g/t. 

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.