Akobo Minerals – First quarter 2022 results
OSLO, 23 May 2022: Akobo Minerals AB (publ) (EURONEXT: AKOBO) today reported its first quarter 2022 results. Akobo Minerals is still in a project development phase and consequently had no income in the first quarter. The net loss for the period was SEK 0.373 million, affected by positive foreign exchange effects. The company has no external debt and a strong cash position of SEK 21 million. Jørgen Evjen, CEO of Akobo Minerals, said: “The first quarter of 2022 proved to be a very positive start to the year, with many highlights. Our exploration team has been effective in completing