The directed share issue to settle the convertible loan has been successfully completed
Oslo, 18 July 2023: Reference is made to the stock exchange announcement published by Akobo Minerals AB ("Akobo" or the "Company") on 3 July 2023 regarding the directed share issue to set off a convertible loan, together with any accrued interest, against issuance of new shares in the Company. The Company hereby announces that it has allocated 9 760 617 new shares in the Company, each with a subscription price of NOK 5.29 per share. The subscription price corresponds to the 30 business days VWAP with a 15% discount as calculated from and including 16 May 2023 to and including 29 June 2023,