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10.12.25 - 09:00
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Akobo Minerals announces third quarter preliminary results 2025 (Cision)
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OSLO, 10 December 2025: Akobo Minerals AB (publ) (Euronext Growth Oslo and Frankfurt: AKOBO), the Scandinavian-based Ethiopian gold producer and explorer, today reported its results for the third quarter of 2025.
The company delivered revenues of SEK 22.9 million and achieved its first positive EBITDA, amounting to SEK 6.9 million. At the end of the quarter, the cash position was SEK 31.2 million. The company expects the fourth quarter to continue to deliver positive EBITDA.
IMPORTANT EVENTS IN THE THIRD QUARTER 2025
· First positive EBITDA result in Akobo's history:...
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04.12.25 - 14:12
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Invitation to presentation of Akobo Minerals′ third quarter 2025 results Wednesday 10.12.2025 at 10:00 CET (Cision)
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Akobo Minerals AB (publ) will release its third quarter results on Wednesday 10.12.2025.
The report and presentation will be available from 08:30 CET that morning on the company's homepage at https://akobominerals.com and on https://newsweb.oslobors.no
The results will be presented in a webcast with CEO, Jørgen Evjen, at 10:00 CET. The presentation and subsequent Q&A session will be held in English and may be viewed live at:
Akobo Minerals Q3 2025 presentation (https://channel.royalcast.com/landingpage/hegnarmedia/20251210_1/)
If you have any questions relating to the...
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06.11.25 - 08:54
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Akobo Minerals – Operational Update for October 2025 (Cision)
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Oslo, Norway, 6 November 2025 – Akobo Minerals AB (publ) (“Akobo” or the “Company”) (Euronext Growth Oslo: AKOBO), the Scandinavian-based gold producer operating in Ethiopia, provides the following operational update for October 2025.
· Doré gold production for October is approximately 7.0 kilograms, exceeding the monthly target of 5 kilograms
· Cumulative doré production to date is approximately 58 kilograms
· Steady operational performance continues at the Segele mine, with production well balanced against ongoing work on the vertical shaft
· Gold price still at record high...
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31.10.25 - 09:30
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Akobo Minerals – Resignation of Board Member (Cision)
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Oslo, Norway, 31 October 2025 – Akobo Minerals AB (publ) (Euronext Growth Oslo: AKOBO) has been informed that Helge Rushfeldt has decided to resign from his position as a member of the Board of Directors, effective from 01 November.
The resignation follows increased professional commitments related to his position as Project Manager at Blue Moon Metals and their Norwegian Nussir project.
The Board and management would like to thank Mr. Rushfeldt for his valuable contributions to Akobo Minerals.
For more information, contact
Jørgen Evjen, CEO, Akobo Minerals
Mob: (+47)...
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10.10.25 - 09:18
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Akobo Minerals – Operational Update for September 2025 (Cision)
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Oslo, Norway, 10 October 2025 – Akobo Minerals AB (publ) (“Akobo” or the “Company”) (Euronext Growth Oslo: AKOBO), the Scandinavian-based gold producer operating in Ethiopia, provides the following operational update for September 2025.
Highlights
· Total doré gold production for Q3 2025 reached ~21,5 kg, marking the first quarter of positive EBITDA in the company's 15-year history
· Doré gold production for September was ~6,5 kg, exceeding the monthly target of 5 kg
· Cumulative doré production to date has reached ~51,5 kg
· Record-high gold prices continue to support...
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06.10.25 - 13:36
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Akobo Minerals AB (publ) - New share capital registered (Cision)
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Reference is made to the stock exchange announcement made by Akobo Minerals AB (publ) (the "Company") on 23 September 2025 regarding conversion of convertible loans of NOK 25.5 million and NOK 11 million (divided on NOK 10.2 million and EUR 100,000) (the "Conversion"). The subscription price has been NOK 1.74 (USD 0.17) per new share in the NOK 25.5 convertible loan and NOK 1.43 (USD 0.14) per new share in the NOK 11 million convertible loan. The subscription prices have been decided based on the terms of the convertible loan agreements, including the subscription price in the directed...
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30.09.25 - 08:30
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Akobo Minerals announces second quarter preliminary results 2025 (Cision)
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OSLO, 30 September 2025: Akobo Minerals AB (publ), (Euronext and Frankfurt: AKOBO, OTC: AKOBF), the Scandinavian-based Ethiopian gold producer, today reported its second quarter results 2025. The company reported revenues of SEK 9.6 million and an EBITDA of SEK -3.1 million. The company covered part of its operating costs in the quarter, holding a cash position of SEK 7.0 million. The company expects revenues to continue increasing in the third quarter and anticipates delivering positive cash flow from operations for the first time.
LATEST KEY EVENTS
· The gold price continued to...
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23.09.25 - 21:24
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Akobo Minerals AB (publ): Conversion of convertible loans (Cision)
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Oslo, 23 September 2025: The board of directors of Akobo Minerals AB (publ) ("Akobo" or the "Company") hereby announces that it has decided to convert the Company's previously announced convertible loans of NOK 25.5 million and NOK 11 million (divided on NOK 10.2 million and EUR 100,000) (the "Conversion"), in accordance with the terms of the loan agreements. The Conversion will result in the issuance of 26,383,292 new shares in the Company (the "New Shares"), each with a quota value of SEK 0.03716 (rounded off), by way of a directed set-of issue. The subscription price will be NOK 1.74 (...
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23.09.25 - 15:01
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Invitation to presentation of Akobo Minerals′ half year 2025 results, Tuesday 30.09.2025 at 12:00 CEST (Cision)
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Akobo Minerals AB (publ) will release its half year results on Tuesday 30.09.2025.
The report and presentation will be available from 08:30 CEST that morning on the company's homepage at https://akobominerals.com and on https://newsweb.oslobors.no
The results will be presented in a webcast with CEO, Jørgen Evjen, at 12:00 CEST. The presentation and subsequent Q&A session will be held in English and may be viewed live at:
Akobo Minerals Q2 2025 presentation (https://channel.royalcast.com/landingpage/hegnarmedia/20250930_1/)
If you have any questions relating to the...
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11.09.25 - 08:36
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Akobo Minerals – Operational Update for August 2025 (Cision)
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Oslo, Norway, 11 September 2025 – Akobo Minerals AB (publ) (“Akobo” or the “Company”) (Euronext Growth Oslo: AKOBO), the Scandinavian-based gold producer operating in Ethiopia, provides its operational update for August 2025.
Highlights
· Doré gold production of ~7 kg (5 kg smelted, 2 kg in process ~ 700.000 USD), exceeding our minimum target of 5 kg
· Total doré gold production to date: ~45 kg
· Successful closing of the Ethiopian Investment Holdings (EIH) private placement
· Appointment of new Operations Manager at site, Johnny Swanepoel from Sutton. Johnny brings...
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09.09.25 - 12:18
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Akobo Minerals AB (publ) - New share capital registered (Cision)
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Reference is made to the stock exchange announcement made by Akobo Minerals AB (publ) (the "Company") on 11 August 2025 regarding the private placement towards Ethiopian Investment Holdings (EIH) of 15,000,000 new shares in the Company, at a subscription price of USD 0.20 per share raising gross proceeds of USD 3,000,000 (the "Private Placement").
The share capital increase pertaining to the issuance of the new shares in the Private Placement has now been registered with the Swedish Companies Registration Office. The Company's new share capital is SEK 7,548,471.695273 divided on...
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05.09.25 - 08:01
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Akobo Minerals – Completes financial restructuring (Cision)
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Oslo, Norway, 05 September 2025 – Akobo Minerals AB (publ) (“Akobo” or the “Company”) (Euronext Growth Oslo: AKOBO), the Scandinavian-based gold producer operating in Ethiopia, announces that it has completed its financial restructuring by amending and restating in full the terms of the loan agreement with Monetary Metals (“MM”).
The amended and restated terms of the MM loan agreement, following the Memorandum of Understanding announced on 13 May 2025, are now formally in place with all conditions lifted. Key terms of the amended and restated terms include:
· Interest rate on the...
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11.08.25 - 09:01
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Akobo Minerals secures Ethiopian Sovereign Fund′s first international investment (Cision)
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OSLO, 11 August 2025 – Akobo Minerals AB (publ) (Euronext and Frankfurt: AKOBO) (OTC: AKOBF), a Scandinavian-based Ethiopian gold producer, proudly announces a historic investment from Ethiopian Investment Holdings (EIH), the Sovereign Investment Fund of Ethiopia. EIH will obtain a 7.4% ownership stake in Akobo Minerals through the subscription of 15,000,000 new shares in a private placement towards EIH, at a subscription price per share of USD 0.20, raising total gross proceeds of USD 3,000,000. This marks the first time Ethiopia's sovereign fund has invested in an international company....
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11.07.25 - 07:30
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Akobo Minerals – Operational Update for June 2025 (Cision)
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Oslo, Norway, 11 July 2025 - Akobo Minerals AB (publ) (“Akobo” or the “Company”) (Euronext Growth Oslo: AKOBO), the Scandinavian-based gold producer operating in Ethiopia, is pleased to share its final operational update for June 2025.
This report is published ahead of the final smelting of all June material, as the Company awaits delivery of a new furnace better suited to the doré specifications required by the National Bank of Ethiopia. Overall results exceeded our previous May/June expectations of 10 kg, taking into consideration the remaining high-grade stockpile.
Highlights
•...
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02.07.25 - 09:06
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Akobo Minerals Publishes Official Annual Report 2024 and Production Update Ongoing (Cision)
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Oslo, 2 July 2025 – Akobo Minerals AB (Euronext Growth Oslo – AKOBO), the Scandinavian-based gold exploration and mining company with operations in Ethiopia, has today published its Official Annual Report for 2024. The report is now available on the company's website:
Download the Annual Report 2024 (PDF) (https://akobominerals.com/wp-content/uploads/2025/06/Akobo-Minerals-Annual-Report-2024.pdf)
While we await the results from the second batch of smelting related to June and May production, readers are invited to review our freshly released Annual Report. This upcoming...
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01.07.25 - 08:01
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Akobo Minerals – Solid First Smelt From June and May Production (Cision)
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Oslo, Norway, 1 July 2025
Akobo Minerals AB (publ) (“Akobo” or the “Company”) (Euronext Growth Oslo: AKOBO), a Scandinavian-based Ethiopian gold producer, is pleased to provide an operational update following the latest smelting activity at the Segele mine.
Highlights
• First successful smelt completed with the new gravity setup, covering part of the production from the second half of May and throughout June:
· 7.1 kilograms of doré produced
· Average grade of 30 g/t (not accounting for material sent to tailings for later processing)
· Purity level of 83%,...
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26.06.25 - 08:31
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Akobo Minerals announces first quarter preliminary results 2025 (Cision)
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OSLO, 26 June 2025: Akobo Minerals AB (publ), (Euronext and Frankfurt: AKOBO, OTC: AKOBF), the Scandinavian-based Ethiopian gold producer, today reported its first quarter results 2025. The company reported revenues of SEK 4.5 million and an EBITDA of SEK -10 million. The company covered part of its operating cost in the quarter, holding a cash position of SEK 7.8 million.
LATEST KEY EVENTS
Record High Gold Price:
· The gold price has remained at historically high levels, supported by ongoing global uncertainty and increased investor demand for gold as a safe-haven asset....
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