Exoben Inc. Launches $112.5M Offering to Boost Clean Energy and Mining in Africa and the U.S.

July 14, 2025
Exoben Inc. Launches $112.5M Offering to Boost Clean Energy and Mining in Africa and the U.S.
  • CEO Kofi Akomeah highlighted ongoing projects in gold, battery technology, and clean energy, emphasizing the company's strategic growth and impact.

  • Exoben Inc., a Wilmington-based energy and mining company with significant operations in Ghana, has launched a $112.5 million private offering to fund the expansion of its clean energy, battery, and mining projects across Africa and the U.S.

  • The company aims to accelerate gold production, develop advanced battery technologies, and implement sustainable energy systems, with gold revenues expected to start in late 2025 and additional income from energy products by 2026.

  • Exoben is reprocessing over 20 million tonnes of historic mine material in Ghana using modern techniques to improve environmental outcomes, create jobs, and convert liabilities into assets.

  • The company is seeking partners who prioritize long-term impact and responsible capital allocation, emphasizing collaboration over charity to foster mutual growth between Africa and the U.S.

  • Exoben’s leadership is committed to creating positive social impacts by shaping markets, building jobs, and delivering sustainable solutions for communities, with a focus on community development and market influence.

  • In Ghana, Exoben plans to recover gold from surface stockpiles and begin production later this year, with an expected yield of over 245,000 ounces, while also developing advanced lithium and sodium battery technologies.

  • Gold revenues are projected to commence in the fourth quarter of 2025, with additional revenue streams from battery and clean energy systems anticipated by 2026.

  • The company is deploying solar energy solutions and establishing fast-charging stations for electric vehicles in African cities, starting with rural communities lacking stable electricity, with plans to expand significantly.

  • Exoben’s operations extend beyond mining to include next-generation batteries, solar energy systems, and EV infrastructure, reflecting a comprehensive approach to sustainable development.

  • Exoben is actively involved in gold recovery in Ghana and is developing innovative battery technologies that could significantly influence electric mobility and energy access.

  • The company is focused on integrating African resources with American innovation to create sustainable energy and mining solutions, emphasizing fairness and impactful investment.

  • The private offering is available to qualified U.S. investors under Regulation D and international investors under Regulation S, with preferred shares priced at $1.50.

Summary based on 4 sources


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