KIBO signs MOU with TANESCO on MCPP

14 February 2018

Kibo Mining Plc (AIM:KIBO; AltX:KBO), the multi-asset Africa-focused energy and resource company, is pleased to announce that the Company signed a Memorandum of Understanding (‘MOU’) with the Tanzania Electric Supply Company (‘TANESCO’) today, for the Power Purchase Agreement (‘PPA’) of the Company’s flagship 300MW Mbeya Coal to Power Project (‘MCPP’). The MOU constitutes the precursor to the finalisation of the PPA with TANESCO which is expected to be finalized as early as the end of Q1 2018, in accordance with the timeline previously agreed with TANESCO and the Ministry of Energy (‘the Ministry’).

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MCPP – MOU Update

05 February 2018 Kibo Mining Plc (AIM:KIBO; AltX:KBO), the multi-asset African focused energy and resource company, announces that following a month of close interaction and co-operation with the Tanzania Electric Supply Company (‘TANESCO’) and the Ministry of Energy ‘(the Ministry’), at both departmental as well as ministerial level, the Company CEO
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Mbeya Coal to Power Project MOU and PPA Update

10 January 2018

Kibo Mining Plc (AIM:KIBO; AltX:KBO), the multi-asset, African focused energy and resource company, is pleased to announce an update on the Memorandum Of Understanding (‘MOU’) and Power Purchase Agreement (‘PPA’) for the Mbeya Coal to Power Project (‘MCPP’) following a productive meeting with the Tanzania Ministry for Energy (‘the Ministry’) and Tanzania Electric Supply Company (‘TANESCO’) on Monday 8 January 2018 during which significant progress was made towards the expedited completion of the PPA process.

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Mbeya Coal to Power Project MOU Update

5 January 2018 Kibo Mining Plc (AIM:KIBO; AltX:KBO), the multi-asset African focused energy and resource company, is pleased to confirm that further to the meetings held with the Ministry of Energy (‘ME’) in late December 2017, the ME has called a meeting on Monday 8 January with Kibo and the Tanzania
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Mbeya Coal to Power Project MOU and PPA Update

18 December 2017

Kibo Mining Plc (AIM:KIBO; AltX:KBO), the multi-asset African focused energy and resource company, is pleased to announce that the newly formed Tanzania Ministry for Energy (‘The Ministry’) has committed to an indicative timeline for the completion of the MOU for the fast-tracking of the Mbeya Coal to Power Project (‘MCPP’).

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Shareholder Conference Call

7 December 2017

Kibo Mining Plc (AIM: KIBO; AltX: KBO) is pleased to announce that it shall be hosting a Shareholder conference call on Monday 11 December 2017, at 3pm (GMT) in line with its commitment to maintaining positive engagement with its shareholders.

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Evolving Strategy to Re-Position as an Energy Company With Acquisition of Strategic Botswana Power Project

30 November 2017

Kibo Mining Plc (AIM:KIBO; AltX:KBO) is pleased to announce the agreed acquisition of an 85% interest in the Mabesekwa Coal Independent Power Project in Botswana (‘the Project’ or ‘Mabesekwa’) in an all share transaction (the “Transaction”). This is a major part of Kibo’s strategy focused on re-positioning itself as a strategic regional electricity supplier on the back of its flagship Mbeya Coal to Power Project (‘MCPP’) in Tanzania.

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Monthly Q&A for Investors

17 November 2017

Kibo Mining plc (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development company is pleased to announce that its monthly Q&A session for investors, hosted by Vox markets, will be released during the course of the day on Friday 17 November 2017.

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Visit to China and attendance at OBOR summit in Beijing

31 October 2017

Kibo Mining Plc (AIM: KIBO; AltX: KBO), the multi-asset resource, development and energy company focused on Tanzania, is pleased to announce that CEO Louis Coetzee will be presenting at the One Belt One Road (‘OBOR’) summit in Beijing this week, highlighting the critical energy situation in Southern Africa and the development of the Mbeya Coal to Power Project (‘MCPP’).

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AIM Share Price
(Ticker: KIBO)
5.55p Change -0.10p
at close on 21 Feb 2018

JSE Share Price
(Ticker: KBO)
114.00c Change -1.00c
at close on 21 Feb 2018

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