Akobo Minerals

Invitation to presentation of third quarter results 2021, Thursday 25.11 at 13.00 CEST

Akobo Minerals AB (publ) will release its third quarter results 2021 on Thursday

25 November at 08.30 CEST.

The results will be presented in a webcast with CEO Jørgen Evjen and COO Matt

Jackson at 13.00 CEST. The presentation and subsequent Q&A session will be held

in English and may be viewed live at https://inqrate.com/xtravideos/akobo

-minerals-q3-21-presentasjon/

For more information contact

Jørgen Evjen, CEO

Mob.: (+47) 92 80 40 14

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.

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