Akobo Minerals

Regulatory Filings • Aug 27, 2021

Akobo Minerals engages SpareBank 1 Markets AS as Market maker

Akobo Minerals engages SpareBank 1 Markets AS as Market maker

Market making agreement with SpareBank 1 Markets AS

Akobo Minerals AB has entered into a market making agreement with SpareBank 1 Markets AS. The purpose of the agreement is to enhance liquidity in the trading of the company's shares. The agreement is in accordance with the standard requirements of Euronext Oslo Stock Exchange. First day of market making will be 1st of September 2021.

For more information contact

Jørgen Evjen, CEO

Mob.: (+47) 92 80 40 14

Mail: jorgen@akobominerals.com

About Akobo Minerals:

Akobo Minerals is a Norway-based gold exploration company, currently with ongoing exploration in the Akobo region in Gambela southwest Ethiopia through its wholly owned Ethiopian subsidiary Etno Mining Plc. 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 an exploration license in the Akobo area and our team of geologists have worked extensively over the last 11 years to identify several potential primary gold targets. Akobo Minerals has ongoing drilling programs at its key targets Segele and Joru which so far have shown exceptionally high-grade gold results including the Segele deposit with an Inferred Mineral Resource of 78ktons at 20.9g/t. Core-drilling and trenching at Joru have intersected both high-grade gold zones and large wide low grade zones near surface.

Important information:

This release is not for publication or distribution, directly or indirectly, in or into Australia, Canada, Japan, the United States or any other jurisdictions where it would be illegal. It is issued for information purposes only and does not constitute or form part of any offer or solicitation to purchase or subscribe for securities, in the United States or in any other jurisdiction. The securities referred to herein have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), and may not be offered or sold in the United States absent registration or pursuant to an exemption from registration under the U.S. Securities Act. Akobo Minerals does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States. Copies of this publication are not being, and may not be, distributed or sent into Australia, Canada, Japan or the United States.