Akobo Minerals awards Peacocke and Simpson contract for metallurgical testwork at the SEGELE project, an important step in preparation to start mining

The metallurgical testwork forms a key part of the mining preparations and involves a series of laboratory tests to determine which series of equipment will most efficiently extract the gold from the mineralisation. From one mine to another, the nature of gold deposits varies greatly in their complexity, and each deposit required the extraction equipment […]

Akobo Minerals engages SpareBank 1 Markets AS as Market maker

Akobo Minerals AB has entered into a market making agreement with SpareBank 1 Markets AS. The purpose of the agreement is to enhance liquidity in the trading of the company’s shares. The agreement is in accordance with the standard requirements of Euronext Oslo Stock Exchange. First day of market making will be 1st of September […]

Mandatory notification of trade

Oslo Norway, 26 August 2021. Participants in Akobo Minerals AB 2018 warrant program, now expiring the 31 August 2021, have on 26 August 2021 exercised warrants and subscribed for a total of 1,358,000 shares at a strike price of SEK 0.86. Following the registration of the new shares, the Company will have 2,677,000 outstanding shares […]

First half year 2021 results

Akobo Minerals AB (publ) (EURONEXT: AKOBO) today reported its first half year 2021 results. Akobo Minerals is in a project development phase and consequently had no income in the first half. The net loss was SEK 5.6 million, compared to a loss of SEK 5 million in the first half of 2020, as the project […]

Invitation to presentation of first half year results 2021, Thursday 26.8 at 10.00 CEST

Akobo Minerals AB will release its first half year results 2021 on Thursday 26 August at 08.00 CEST.   The results will be presented in a webcast with CEO Jørgen Evjen and COO Matt Jackson at 10.00 CEST. The presentation and subsequent Q&A session will be held in English and may be viewed live at […]

High Grade Intersections at JORU, and SEGELE Mining Studies On Schedule

Akobo Minerals hits several high grade intersections in the first test holes at JORU. Akobo Minerals has for many years worked to advance the understanding of our primary targets SEGELE and JORU. SEGELE has so far shown to be a truly amazing high grade deposit, attracting considerable interest as a result of the high- and […]

High Grade Gold Zone Continues at depth beneath the Segele Mineral Resource Estimate

The new intercepts include 45.3g/t over 0.48m and 13.8g/t over 1.43m and will be included in the next Mineral Resource Estimate. The mineralization remains open at depth. Akobo Minerals released the result of the Segele Mineral Resource Estimate in April 2021 (Inferred Mineral Resource totalling 52,410oz at an average grade of 20.9g/t). The resource estimate […]

Publication of Information Document

The attached information document has been prepared by Akobo Minerals AB (publ.) (“Akobo” or the “Company”) solely for use in connection with the admission to trading of the Company’s shares on Euronext Growth Oslo. The first day of trading in the Company’s shares on Euronext Growth Oslo will be 14 July 2021. SpareBank 1 Markets […]

Registration of new share capital

Reference is made to the announcement by Akobo Minerals AB (publ.) (“Akobo” or the “Company”) on 6 July 2021 regarding the resolution to increase the Company’s share capital. The share capital increase has today been registered with the Swedish Register of Business Enterprises. The share capital of Akobo is SEK 1,529,302.226797, comprising 41,154,606 shares, each […]

Akobo Minerals sources a second drill rig – signs contract with MIDROC

Akobo Minerals is pleased to announce the signing of an agreement with MIDROC Geo/Exploration Services in Addis Ababa to supply a second drill rig to start core drilling on the Segele deposit. The drill rig will mobilise to the Akobo region shortly and the company anticipates that the drilling will start upon arrival in field. […]

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