Akobo Minerals signs Mandate Letter with international debt arranger
OSLO, 10 August 2022: Akobo Minerals (Euronext Oslo – “AKOBO”), the Scandinavian-based Ethiopian gold exploration and boutique mining company, today announces that it has signed a mandate letter (the "Mandate Letter") with an international debt arranger for a contemplated loan of up to USD 8 million (the "Loan"). Pursuant to the Mandate Letter, the intention is to complete all conditions precedent, including a customary due diligence, site visit and agreeing on relevant documentation prior to entering into the final loan agreement. Further, it is expected that Akobo Minerals will