Akobo Minerals AB

AKOBO

SE0015193412

Gold

Market Closed - Oslo Bors Other stock markets 10:45:00 2024-04-26 am EDT			5-day change	1st Jan Change
0.92 ^NOK	+0.22%		-6.88%	-74.73%

Apr. 03	Akobo Minerals Raises NOK15 Million via Subsequent Rights Issuance	MT
Mar. 25	Akobo Minerals AB Releases Updated and Improved Production Mine Plan for First 12 Months	CI

Akobo Minerals AB announced that it has received NOK 34.4 million in funding

September 05, 2023

On September 6, 2023, Akobo Minerals AB (publ) closed the transaction. The company issued an unsecured convertible loan for the gross proceeds of NOK 34,400,000. The loan bears 20% coupon rate and matures 2 years from the date of issuance with conversion price of NOK 7 per share.

The board of directors and management contributed with NOK 4,700,000 of the funds. The loan matures on September 6, 2025.

Latest news about Akobo Minerals AB

Akobo Minerals Raises NOK15 Million via Subsequent Rights Issuance	Apr. 03	MT
Akobo Minerals AB Releases Updated and Improved Production Mine Plan for First 12 Months	Mar. 25	CI
Akobo Minerals Obtains NOK6 Million Bridge Loan from Shareholders	Feb. 08	MT
Akobo Minerals to Seek Shareholder Nod on Proposed Share Issuance for Segele Mine Funding	Jan. 05	MT
Transcript : Akobo Minerals AB, Q3 2023 Earnings Call, Dec 07, 2023	Dec. 07
Akobo Minerals AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Dec. 07	CI
Norway's Akobo Minerals Starts Trading on OTCQX Best Market in US	23-09-28	MT
Akobo Minerals AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-09-07	CI
Transcript : Akobo Minerals AB, Q2 2023 Earnings Call, Sep 07, 2023	23-09-07
Akobo Minerals Secures NOK34.4 Million Financing for Ethiopia Mine; Stock Gains 10%	23-09-06	MT
Akobo Minerals AB announced that it has received NOK 34.4 million in funding	23-09-05	CI
Akobo Minerals AB announced that it has received NOK 34.4 million in funding	23-09-05	CI
Akobo Minerals Targets NOK30 Million from Convertible Loan	23-08-21	MT
Sweden's Akobo Minerals Seeks Listing on OTC Markets in US	23-08-21	MT
Akobo Minerals AB announced that it expects to receive NOK 30 million in funding	23-08-20	CI
Akobo Minerals Enlists MKS PAMP for Gold Refinery Services	23-08-09	MT
Akobo Minerals AB Appoints Helge Rushfeldt as Head of Mining Operations, Effective July 1, 2023	23-06-27	CI
Akobo Minerals AB Reports Earnings Results for the First Quarter Ended March 31, 2023	23-06-08	CI
Akobo Minerals AB Terminates Market Making Agreement with Sparebank 1 Markets AS	23-05-04	CI
Akobo Minerals AB Starts Up Operation of Ultra-Small Plant to Process First Gold	23-04-03	CI
Akobo Minerals Gets Nearly NOK23 Million in Convertible Loan Funding	23-03-20	MT
Akobo Minerals AB announced that it has received NOK 22.475 million in funding	23-03-19	CI
Akobo Minerals AB Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022	23-03-08	CI
Akobo Minerals Intersects Gold at New Mineralization in Ethiopia	23-02-03	MT
Akobo Minerals Hits Gold in First Drill Hole At New Mineralisation	23-02-03	CI

Chart Akobo Minerals AB

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Company Profile

Akobo Minerals AB (publ) is a Sweden-based gold exploration and boutique mining company, with ongoing exploration and mine development in the Gambela region and Dima Woreda, southwest Ethiopia. Akobo Minerals has a clear strategy aimed at building a portfolio of gold resources through high-impact exploration and mining, while adhering to a lean business operation. The Company holds an exploration license over key targets in the area. Akobo Minerals AB (publ) focuses on two areas of exploration: Segele and Joru. Segele is a smaller area with high concentration of gold, while Joru covers a larger area, with a lower gold content. The Company has two subsidiaries: Abyssinia Resources Development AS and Etno Mining PLC.

Sector

Gold

Calendar

2024-06-11 - Q1 2024 Earnings Release

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