Akobo Minerals AB (publ) - Notice of transaction by PDMR

05 Nov 2024 16:33 CET

Oslo, Norway - 05 November 2024 - Reference is made to the stock exchange
announcement published by Akobo Minerals AB (publ) (the "Company") earlier today
regarding the issuance of an unsecured convertible loan totalling NOK 25.3
million.

Members of the board of directors and management participated in the loan
issuance as detailed below:

Esmar AS, a company closely associated with Carl Eide, member of the board of
directors and primary insider in the Company, contributed with NOK 2,300,000

Pir Invest Holding AS, a company closely associated with Hans Olav Torsen,
chairman of the board of directors and primary insider in the Company,
contributed with NOK 1,000,000

Kanoka Invest AS, a company closely associated with Jørgen Evjen, CEO and
primary insider in the Company, contributed with NOK 300,001.

This information is subject to the disclosure requirements in article 19 of the
European Market Abuse Regulation (EU 596/2014) and section 5-12 of the Norwegian
Securities Trading Act.

For further information, contact:

Jørgen Evjen, CEO, Akobo Minerals

Mob: (+47) 92 80 40 14

Mail: jorgen@akobominerals.com

LinkedIn: www.linkedin.com/company/akobominerals

Web: www.akobominerals.com

More information:
Access the news on Oslo Bors NewsWeb site

631299_241105_PDMR_Pir_Invest_Holding.pdf
631299_241105_PDMR_Esmar.pdf
631299_241105_PDMR_Kanoka_Invest.pdf