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Exoben launches $112.5m private offering to expand gold, battery, and clean energy projects

Wed, Jul 2 2025 2:02 PM
in Ghana General News
exoben launches 112 5m private offering to expand gold battery and clean energy projects
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Exoben Inc., a U.S.-based energy and mining company with significant operations in Ghana, has launched a $112.5 million private offering to accelerate the growth of its gold production, advanced battery technologies, and clean energy systems.

This offering is open to qualified investors in the United States under Regulation D and to international investors under Regulation S.

“This is a key step in our journey,” said Kofi Akomeah, CEO of Exoben Inc.

“We’ve laid the groundwork. Now we’re scaling. Gold projects are moving forward, our battery technology is evolving, and clean energy systems are reaching communities that need them most. We are not waiting for the future—we’re building it.”

The funds raised will directly support several of Exoben’s high-impact projects. In Ghana, the company is preparing to begin gold production from a large stockpile, expected to yield over 245,000 ounces once operations begin later this year.

Exoben is also planning to reprocess 20 million tonnes of old mining material using safer, modern techniques that improve environmental outcomes and create jobs.

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On the technology side, Exoben is developing next-generation battery systems designed for two main uses: long-range electric vehicles and low-cost storage for homes and off-grid areas. Research and development work is currently active in both Ghana and Texas.

In addition, Exoben is building fast-charging stations for electric vehicles in African cities and deploying clean solar energy solutions to rural communities without access to stable electricity.

“We’re not just a mining company. We’re an innovation company,” Akomeah said.

“What makes Exoben different is that we focus on both the resource and the result—how we extract value and how that value reaches people. Our work touches lives, drives progress, and creates long-term value.”

Investors participating in this private round will receive preferred shares priced at $1.50, offering direct equity in a company backed by physical assets, secured resource concessions, and expanding infrastructure. Exoben expects gold revenues to begin in Q4 2025, with additional income from battery and energy products by 2026.

All participants will go through a formal investor qualification process to meet regulatory requirements and ensure responsible capital allocation.

“We’re looking for partners who believe in long-term impact,” added Akomeah.

“This raise will help us move faster, reach further, and bring powerful solutions to the places that need them most. We welcome investors who see the future not just as a return, but as a responsibility.”

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

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