Welcome to our dedicated page for AKOBO news (Ticker: AKOBO), a resource for investors and traders seeking the latest updates and insights on AKOBO stock.
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On November 15, 2022, Monetary Metals announced the closure of a Gold Bond for Akobo Minerals AB (AKOBO.OL), yielding an annual interest rate of 19% in gold, over a two-year term. The funds will support the development of Akobo's Segele gold deposit and a processing plant. The bond was oversubscribed, attracting high net-worth investors domestically and internationally. CEO Jørgen Evjen highlighted the bond's role in enhancing their ESG program and the compelling economics of the Segele project, which withstands adverse conditions.
