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An update from Akobo Minerals AB ( (DE:643) ) is now available.
Akobo Minerals AB has completed a private placement of 15 million new shares to Ethiopian Investment Holdings, raising USD 3 million. This capital increase, now registered with the Swedish Companies Registration Office, strengthens Akobo’s financial position, supporting its ongoing and future mining operations in Ethiopia.
More about Akobo Minerals AB
Akobo Minerals is a Scandinavian-based gold producer with a strong presence in the Ethiopian mining industry. The company holds exploration and mining licenses in the Gambela region and Dima Woreda, Ethiopia, and operates the Segele mine, known for its high-grade gold resources. Akobo Minerals emphasizes ESG principles, stakeholder engagement, and compliance with industry standards, positioning itself as a future major player in Ethiopian mining.
Average Trading Volume: 376,131
Current Market Cap: NOK337.7M
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