Akobo Minerals

AGM Information • Feb 2, 2024

Minutes from Extraordinary General Meeting in Akobo Minerals

Minutes from Extraordinary General Meeting in Akobo Minerals

2024-02-01 14.00:15.00

The shareholders of Akobo Minerals AB (publ) ("Akobo" or the "Company") have

held an Extraordinary General Meeting on 2 February 2024 (the "EGM") whereby the

following main decisions were made.

Authorization

The EGM resolved to authorize the Board of Directors to, with deviation from the

shareholders' preferential rights, until the time of the next Annual General

Meeting, on one or more occasions, resolve to issue new shares. Payment can be

made against cash payment and / or through payment in kind and / or through set

-off. Issue in accordance with the authorization shall take place on market

terms, subject to any market issue discount, which the Company's Board of

Directors deems to prevail on each individual occasion. The company's share

capital and the number of shares may, with the support of the authorization, be

increased in total by an amount or number that fits within the framework of the

articles of association in force at any given time.

Other

For more detailed information on the content of the resolutions, please refer to

the notice convening the EGM. All decisions were made unanimously.

___________________________

Gothenburg, 2 February 2024

Akobo Minerals AB (publ)

The Board of Directors

For more information, contact:

Jørgen Evjen, CEO, Akobo Minerals

Mob: (+47) 92 80 40 14

Mail: jorgen@akobominerals.com

LinkedIn: www.linkedin.com/company/akobominerals

Web: www.akobominerals.com

This information is subject to the disclosure requirements pursuant to Euronext

Growth Oslo Rule Book II

About Akobo Minerals

Akobo Minerals is a reputable Scandinavian-based gold exploration and boutique

mining company. The company currently holds an extensive exploration license

encompassing 182 square kilometres and a 16 square kilometres mining license,

with an active mining operation in the Gambela region and Dima Woreda, Ethiopia.

Akobo Minerals has emerged as the foremost gold exploration company in Ethiopia,

boasting over 13 years of dedicated on-the-ground experience.

What sets Akobo Minerals apart is its strong commitment to fostering positive

relationships with local communities, extending all the way to national

authorities. This commitment is underscored by the company's unwavering

dedication to environmental and social governance (ESG), as evidenced by their

ground-breaking shared value program.

Akobo Minerals has firmly established its presence in the region by upholding

the principles of ethical conduct, transparency, and open communication. This

foundation positions the company to embrace new opportunities and ventures as

they emerge, making it a key player in the burgeoning Ethiopian mining industry.

Akobo Minerals has charted a clear course for its future growth, with a strategy

centered around amassing a portfolio of valuable gold resources through high

-impact exploration and mining activities, all while maintaining an efficient

and streamlined business operation.

The company is a Swedish limited liability company headquartered in Oslo and is

publicly listed on the Euronext Growth Oslo Exchange and the Frankfurt Stock

Exchange under the ticker symbol AKOBO.

For US investors, Akobo Minerals (OTCQX: AKOBF) is traded on the OTCQX Best

Market, adhering to high financial standards, best practice corporate

governance, and compliance with U.S. securities laws. Additionally, the company

has a professional third-party sponsor introduction, and investors can access

current financial disclosures and Real-Time Level 2 quotes for the company on

www.otcmarkets.com.

Akobo Minerals places great emphasis on meeting and exceeding industry

standards, fully complying with all aspects of the JORC code, 2012. For detailed

information on their adherence to this code, please refer to www.jorc.org. Akobo

Minerals' unwavering commitment to ethical practices, community engagement, and

environmental responsibility positions them as a formidable force in the

evolving landscape of the Ethiopian mining sector.