12/07/2021 | Press release | Distributed by Public on 12/07/2021 04:18
07 Dec 2021 11:15 CET
AKOBO MINERALS AB (PUB)
SE0015193412
Euronext Growth
AKOBO
GOTHENBURG, 7 December 2021: Akobo Minerals (Euronext Oslo - "AKOBO"). The
shareholders of Akobo Minerals AB (publ) ("Akobo" or the "Company") have held an
Extraordinary General Meeting on December 7, 2021 (the "EGM") whereby the
following main decision was made.
Election of board of directors
The EGM resolved to elect Helge Rushfeldt as a new board member of the Company
while Erik Haugane resigned as a board member in connection with the EGM. Hans
Olav Torsen and Jørn Christiansen remain as board members of the Company.
Other
For more detailed information on the content of the resolution, please refer to
the notice convening the EGM and the complete proposals that are available on
the Company's website. All decisions were made unanimously.
For more information, contact:
Jørgen Evjen, CEO, Akobo Minerals
Mob: (+47) 92 80 40 14
Mail: [email protected]
LinkedIn: www.linkedin.com/company/akobominerals
Web: https://akobominerals.com
About Akobo Minerals:
Akobo Minerals is a Norway-based gold exploration company, currently with
ongoing exploration and small-scale mine development in the Gambela region and
Dima Woreda, southwest Ethiopia. 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 a mining licence and an
exploration license over key targets in the area. Economic mineralisation was
discovered and the company is engaged in mining studies to advance the project
to production, alongside exploration core drilling. Akobo Minerals is
transforming its organisation to support an increased pace of core drilling. At
both the key targets Segele and Joru the company has so far released
exceptionally high-grade gold results including the Segele deposit with an
Inferred Mineral Resource of 78ktons at 20.9g/t.?A scoping study for Segele
includes an up-front capital expenditure of USD $8m and all-in sustaining cost
of USD $243 per ounce of gold produced. Core-drilling and trenching at Joru have
intersected both high-grade gold zones and large wide zones near surface. The
company has an excellent partnership with national authorities and places ESG at
the heart of its activities - a ground-breaking community program is being
planned.
More information:
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