Update on the UK Investor Show
17 April 2018
Kibo Mining plc (‘Kibo’ or the ‘Company’) (AIM: KIBO; AltX: KBO), the multi-asset Africa-focused energy and resource company remains engaged with Tanzania Electric Supply Company (‘TANESCO’) in the ongoing process for the Power Purchase Agreement (‘PPA’) on the Company’s Mbeya Coal to Power Project (‘MCPP’). Due to the critical importance and extent of these ongoing talks, as well as the immediate mobilization of work at the Mabesekwa project in Botswana, Kibo’s management team is unable to attend the UK Investor show in London on 21 April as planned. The Company will however hold a private shareholder and investor event in the near future and details will be advised once they are finalised.
Louis Coetzee, CEO of Kibo Mining, said: “It is regrettable that Kibo is unable to have a presence at the UK Investor Show, but executive management’s undivided attention is required in Tanzania during these crucial discussions. However, I look forward to meeting shareholders and investors at a private Kibo investors evening in London, where we can engage with and respond to the shareholders questions in a more personal environment.”