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Mbeya Coal to Power Project (“MCPP”) – Update

26 July 17

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company, is pleased to announce that, following recent announcements (See RNS’ of 01 June 2017, 14 June 2017 and 14 July 2017), the Company has
during the past week concluded a very successful second round of follow-up meetings with Government departments and other Tanzanian stakeholders regarding the further development of the MCPP.

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Mbeya Coal to Power Project (“MCPP”) – Update

14 July 2017

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused
mineral exploration and development Company, is pleased to announce that, following a week of
follow-up meetings with Government departments and other Tanzanian stakeholders regarding the
further development of the MCPP, there is no identified adverse impact on the further development
of the MCPP as a result of recent changes in the legislative environment. Further, on the basis of
these discussions the Company does not anticipate any future adverse impact on the development
of the MCPP, however the Company will be diligently reviewing its position on this matter going
forward.

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Change of Company’s Registered Address

10th July 2017

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused
mineral exploration and development Company advises that its new registered address is 17
Pembroke Street Upper, Dublin 2, D02 AT22 with effect from the 10 th July 2017. Please note that
the address change follows a change in the name and address of its Irish solicitors, McEvoy
Partners, 27 Hatch Street Lower, Dublin 2, Ireland, to OBH Partners, 17 Pembroke Street Upper,
Dublin 2, Ireland, D02 AT22.

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Update on Katoro Gold PLC: Imweru Gold Project

 31 May 2017

Kibo Mining plc (“Kibo Mining”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development company, would like to draw shareholders’ attention to the announcement released by Katoro Gold plc (“Katoro”) at 7am today, regarding progress at the
Imweru Gold project in Tanzania. The body of the announcement released by Katoro is reproduced below:

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Kibo Signs Memorandum of Understanding with Mbeya Cement i.r.o. of Strategic Collaboration and Reciprocal Commodity Supply Arrangements

20th April 2017

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company, is pleased to announce that it has signed a strategic Memorandum of Understanding with Mbeya Cement Company LTD (“Mbeya Cement”), to develop a strategic regional collaboration and reciprocal supply of materials agreement.

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Mbeya Coal to Power Project Receives Final Approval for ESIA Scoping Reports

16 January 2017

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration
and development Company, is pleased to announce that the Tanzania National Environmental Management Council
(“NEMC”) approved and accepted both the Mbeya Coal Mine and Mbeya Power Plant Environmental and Social
Impact Assessment (“ESIA”) scoping reports.

Approval and acceptance of the scoping reports concludes Stage 2 of the required three stage statutory ESIA
approval process. Completion of Stage 2 now paves the way for final ESIA certification of both the Mbeya Coal
Mine and the Mbeya Power Plant.

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Mbeya Coal to Power Project Announcement regarding TANESCO press reports

3 January 2017

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral
exploration and development Company, notes the recent press reports regarding the ongoing changes and
restructuring at TANESCO, the Tanzanian Electric Supply Company.

As previously reported, TANESCO has been undergoing policy changes and restructuring under the new
Tanzanian government. Kibo views the latest announcements re management changes and tariff reviews as
part of this ongoing reform and restructuring process.

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Kibo Finalizes and Awards EPC Contract for MCPP Power Plant to SEPCO III

19 December 2016

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company is pleased to announce that it has awarded the EPC contract for the construction of the proposed Mbeya Coal to Power Project (“MCPP” or the “Project”) thermal power plant to SEPCO III. A legally binding EPC Cover Agreement (“the Cover Agreement”) between Kibo’s wholly owned subsidiary Mbeya Power Ltd and SEPCO III was signed on 19 December 2016. The Cover Agreement incorporates the complete EPC-contract as well as the EPC co-ordination agreement, the latter governing the implementation and execution of the EPC contract, as well as the OEM contract submitted by General Electric (“GE”) and which constitutes an integral part of the EPC contract.

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Mbeya Coal to Power Project: Response to Market Speculation

04 March 2016

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development company, notes recent speculation relating to the Company’s announcements released this week (RNSs dated 2nd and 3rd March 2016) regarding the Mbeya Coal to Power Project (“MCPP” or “the Project”).

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Share Issue

03 March 2016

 Share Issue

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company has today elected to activate the loan facility (the “Facility”) recently provided to the Company by Sanderson Capital Partners Limited (“Sanderson”), the details of which were announced on the Company’s RNS of 03 March 2016.

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Kibo Mining Agrees Unsecured, Interest Free Loan Facility of £1, 500,000 Ensuring Adequate Funding Security In The Medium Term

  02 March 2016

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company is pleased to announce it has today entered into a loan facility (the “Facility”) with Sanderson Capital Partners Limited (“Sanderson”) for an amount up to £1,500,000 to be utilised by Kibo, at its sole discretion and election, for contingency funding, during the term of the Facility.

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Rukwa Definitive Mining Feasibility Study – Phase 2, Stage 1 – Pre-Feasibility Study, Final Report Findings

12 August 2015

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company, is pleased to announce the findings from Phase 2, Stage 1,  Mining Pre-Feasibility Study (“MPFS”), of the Company commissioned Definitive Mining Feasibility Study (DMFS), concerning the mining element of the Mbeya Coal to Power Project (MCPP).

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Mbeya Coal to Power Project SEPCO III Joint Development Agreement Unconditional and Funded

 Dated: 21 July 2015

Kibo Mining Plc (“Kibo” or the “Company”) (AIM:KIBO; JSE AltX: KBO), the Tanzania focused mineral exploration and development company, is pleased to announce that all conditions precedent in the Joint Development Agreement (“JDA”) recently signed between the Company and SEPCO III, have subsequently been met in full and that the JDA now enjoys unconditional status.

 Highlights

  • All conditions precedent in the SEPCO III JDA have been met in full;
  • SEPCO III funding commitments, as called for under the terms of the JDA, fulfilled;
  • Detail work schedule and implementation plan to complete Bankable Feasibility Study (“BFS”) for Mbeya Coal to Power Project (“MCPP”) finalised;
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Kibo Share Forfeiture

23 June  2015

Kibo Mining Plc (“Kibo” or the “Company”) (AIM:KIBO; JSE AltX: KBO), the Tanzania focused mineral exploration and development company announces in accordance with the terms of  its Articles of Association, that it has today declared 4,090,000 Ordinary Shares (“Forfeited Shares”) issued to XCAP Nominees Limited <Placings> (XCAP”), a subsidiary of Hume Capital Limited, on the 3rd March 2015, forfeited. The Forfeited Shares remained unpaid at the 22 June 2015 which was the final date advised to XCAP for receipt of funds by Kibo for the Forfeited Shares. The Forfeited Shares will now be placed in a Company treasury account for disposal at a later date

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Update on Proceeds of Placing

Dated: 25 March  2015

Kibo Mining Plc (“Kibo” or the “Company”) (AIM:KIBO; JSE AltX: KBO), the Tanzania focused mineral exploration and development company, provides the following update to the announcement it made on 17 March 2015 regarding the delayed receipt of the proceeds of its recent placing due to the fact that Hume Capital Securities plc (“Hume Capital”) had appointed administrators.

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New Broker Appointment

Dated: 17 March  2015

Kibo Mining Plc (“Kibo” or the “Company”) (AIM:KIBO; JSE AltX:KBO) the Tanzania focussed mineral exploration and development company is pleased to announce the appointment of a new joint broker.

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Proceeds of Placing

Dated: 17 March  2015

Kibo Mining Plc (“Kibo” or the “Company”) (AIM:KIBO; JSE AltX: KBO), the Tanzania focused mineral exploration and development company, notes the announcement made by its UK broker, Hume Capital Securities plc (“Hume Capital”), on 11 March 2015, of its intention to appoint an administrator under the Investment Bank Special Administration Regulations 2011 (“SAR”). The SAR regime will dictate the timing and manner in which client assets will be dealt with, although one of the objectives of the SAR is the return of client assets as soon as reasonably practicable. According to this announcement, Hume Capital or its administrators are not able to release client money it holds without first obtaining the consent of the Financial Conduct Authority.

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Notifiable Holding Change

Dated: 11  March  2015

 Kibo Mining plc (the “Company”) announces that it has today received formal notice from Metal Tiger plc (“Metal Tiger”) that, following the recent share placing by the Company, Metal Tiger no longer holds greater than or equal to a 3% beneficial interest in the Company’s shares, and as such ceases to be, as defined under the AIM rules, a significant shareholder in the Company.

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Kibo Mining raises £950 000.00 in Share Placing

02 March 2015

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company is pleased to announce it has received commitments to a share placing of 19 000 000 new ordinary shares of Eur. 0.015 in the capital of the Company with clients of Kibo’s UK Broker, Hume Capital Securities Plc, at a placing price of 5p per share (the “Placing Shares”), to raise gross proceeds of £950 000.00 before expenses (the “Placing”).

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Morogoro Gold Joint Venture Commences

Dated: 26 February 2015

On 19 January 2015, Tanzania focussed exploration and development company Kibo Mining Plc (“Kibo” or the “Company”)(AIM: KIBO; JSE AltX: KBO) announced that it had entered into a Memorandum of Understanding for a 50/50 Joint Venture with Metal Tiger plc (“Metal Tiger”) on its Morogoro South gold-prospective exploration portfolio in Tanzania (“Morogoro Portfolio”) wholly owned by Kibo Jubilee Ltd (Cyprus) (“Jubilee”).

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Uranium Joint Venture Commences

Dated: 26 February 2015

On 21 November 2014, AIM listed exploration and development company Kibo Mining Plc (“Kibo” or the “Company”)(AIM: KIBO; JSE AltX: KBO)announced that it had entered into a Memorandum of Understanding (“MOU”) with Metal Tiger Plc (“Metal Tiger”) regarding a 50/50 Joint Venture (“JV”) on Kibo’s uranium-prospective tenements in Tanzania (“Pinewood Portfolio”) wholly owned by Kibo’s 100% owned subsidiary company, Kibo Uranium Ltd (“KB Uranium”).

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Financial Mail Report – 12 February 2015

KIBO MINING: Promising projects

[Financial Mail 12 Feb 2015 – Johannesburg http://www.financialmail.co.za/]

DIVERSIFIED Tanzanian minerals explorer Kibo Mining has not yet decided whether it will retain stakes in its various projects as they mature. But it is most likely to keep an interest in its Rukwa coal mine to power station project, says CE Louis Coetzee.

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PEA Update – Imweru Gold Project

Dated: 09 February 2015

Kibo Mining Plc (“Kibo” or the “Company”) (AIM:KIBO; JSE AltX: KBO), the Tanzania focused mineral exploration and development company, is pleased to announce the findings of the Preliminary Economic Assessment (“PEA”) (Stage 1, Phase 1, Concept Study) in respect of the Company’s Lake Victoria Goldfields Imweru Gold Project. The Company also wishes to announce that Stage 1, Phase 2 (the Pre-Feasibility Study) of the Imweru Definitive Feasibility Study (“DFS”), will now commence immediately. The PEA formed the first element of the Definitive Mining Feasibility Study, being undertaken by Minxcon Projects, on behalf of the Company.

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Notification from Significant Shareholder

Dated: 30  January  2015

 Kibo Mining plc (“Kibo” or the “Company”) announces that it has today received formal notice from Metal Tiger plc (“Metal Tiger”) that, following completion of a warrant exercise and issue of 10,000,000 new ordinary shares in Kibo which was announced on 21 January 2015, Metal Tiger currently holds 11 000 000 shares in the Company, representing 3.87% of Kibo’s issued share capital. The 10,000,000 shares were admitted to trading on AIM and the JSE(AltX) on the 28th January 2015.

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Haneti Nickel Project- Positive Geochemical Update

Dated: 27  January 2015

Highlights

  • Mihanza Hill prospect (“Mihanza”) soil anomaly proves to be consistent with that expected for a significant Ni-Cu-PGE sulphide deposit
  • Key parameters of anomaly indicate a signature with the potential to represent a significant magmatic Ni-Cu sulphide source
  • Characteristics of Mihanza Ni-Cu anomaly suggests a possible “chonolith” intrusion which dramatically improves the probability of exploration success
  • Mihanza results validates and independently confirms the Ni- Cu- PGM potential of the Haneti project
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Warrant issue, Warrant Exercise and New Share Issue to Metal Tiger Plc

Dated: 21 January 2015

 On the 14 January 2015, Kibo Mining Plc (“Kibo” or the “Company”) (AIM:KIBO; JSE AltX: KBO), the Tanzania focused mineral exploration and development company, announced that it was proceeding to complete its Joint Venture (the “Completion”) on Kibo’s uranium-prospective portfolio in Tanzania (“Pinewood Portfolio”) with Metal Tiger Plc (“Metal Tiger”) under the terms of a memorandum of understanding signed on the 21 November 2014 (“the MOU”).

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Memorandum of Understanding – Morogoro

Dated:19 January 2015

Kibo Mining Plc (“Kibo” or the “Company”) (AIM:KIBO; JSE AltX: KBO), the Tanzania focused mineral exploration and development company, is pleased to announce that it has entered into a Memorandum of Understanding (“MOU”) for a 50/50 Joint Venture (“JV”) with Metal Tiger plc (“Metal Tiger”) on the Company’s Morogoro South gold-prospective exploration portfolio in Tanzania (“Morogoro Portfolio”).  The Morogoro Portfolio has a number of exploration rights in central Tanzania, consisting of 18 licences, offers, applications and tenders covering a combined surface area of approximately 1,400 square kilometres.

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Pinewood Uranium JV proceeding – Issue & Immediate Exercise of Warrants

Dated: 14 January 2015

On 21 November 2014, Kibo Mining Plc (“Kibo” or the “Company”) (AIM:KIBO; JSE AltX: KBO), the Tanzania focused mineral exploration and development company, announced that it had entered into a Memorandum of Understanding (“MOU”) with Metal Tiger Plc (“Metal Tiger”) with a view to a 50/50 Joint Venture (“JV”) on Kibo’s uranium-prospective portfolio in Tanzania (“Pinewood Portfolio”).

Kibo is pleased to announce it has received confirmation that Metal Tiger is satisfied with the results of its due diligence on Kibo’s Pinewood Portfolio and will now proceed to finalise the JV agreement for uranium exploration with Kibo.

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Notifiable Holding Change

Dated: 8  January  2015

Kibo Mining plc (the “Company”) announces that it has today received formal notice from Metal Tiger plc (“Metal Tiger”) that Metal Tiger no longer holds greater than or equal to a 3% beneficial interest in the Company’s shares, and as such ceases to be, as defined under the AIM rules, a significant shareholder in the Company.

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Change of Auditors

Dated: 31  December 2014

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company, announces that it has appointed Saffery Champness  Chartered Accountants (“Saffery Champness”) as its new company auditor with immediate  effect.  Saffery Champness is replacing LHM Casey McGrath who has served as company auditor since the Company’s inception in 2008.

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Change in Significant Shareholder

Dated:12 December2014

Kibo Mining plc (“Kibo”) announces that it has today received formal notice from Metal Tiger plc (“Metal Tiger”) that, following completion of the issue of new ordinary shares in Kibo which was announced on 4 December 2014, from 9 December 2014 Metal Tiger holds 3.65% of Kibo’s issued shares. 10,000,000 Kibo shares were issued to Metal Tiger at a price of 1.5 pence per share, as announced on 4 December 2014.

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Power Pre-feasibility Update -Rukwa Coal to Power Project

Dated: 11 December 2014

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company, is pleased to confirm that the Company has now received the Power Pre-Feasibility Study Report, covering the power generation element of the Rukwa Coal to Power Project (“RCPP”).

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Rukwa Definitive Mining Feasibility Study – Phase 1, Stage 1 Report Findings

Dated: 09 December2014

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company, is pleased to announce the findings from Phase 1, Stage 1 of the Company commissioned Definitive Mining Feasibility Study (DMFS), concerning the mining element of the Rukwa Coal to Power Project (RCPP). The Executive Summary of the DMFS Phase 1, Stage 1 Report is available on Kibo’s website at www.kibomining.com.

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Completion of Share Issue to Metal Tiger plc

Dated:04 December 2014

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company is pleased to advise that the Company has received payment from Metal Tiger plc of £150,000 in respect of the investment by Metal Tiger in 10,000,000 Kibo Mining plc €0.015 ordinary shares (the “Subscription Shares”), as detailed in our announcement of 21 November 2014.

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AIM Share Price
(Ticker: KIBO)
5.00p Change -0.25p
at close on 21 Sep 2017

JSE Share Price
(Ticker: KBO)
113.00c Change 0.00c
at close on 22 Sep 2017

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