News

Kibo EGM Results 22 March 2013 RNS

Results of EGM and Capital Reorganisation Details

Kibo Mining plc (AIM: KIBO), (JSE: KBO) (“Kibo” or the “Company”), the Tanzania focused mineral exploration and development company, is pleased to announce that all resolutions at its Extraordinary General Meeting held today were approved by shareholders.

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Kibo EGM Results 22 March 2013 SENS

Results of EGM and Capital Reorganisation Details

Kibo Mining plc (AIM: KIBO), (JSE: KBO) (“Kibo” or the “Company”), the Tanzania focused mineral exploration and development company, is pleased to announce that all resolutions at its Extraordinary General Meeting held today were approved by shareholders.

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Kibo Mining plc – Capital Reorganisation and Issue of Equity

Kibo Mining plc (AIM: KIBO), (JSE: KBO) (“Kibo” or the “Company”), the Tanzania focused mineral exploration and development company, is pleased to announce:

1) The raising of gross proceeds of €160,994 through the placing of 16,099,466 new ordinary shares in the Company (“Shares”) at a placing price of €0.01 per share, together with 16,099,466 free attached warrants to subscribe for one further share in the Company at a price of €0.01 any time on or before 11 February 2014 (“Warrants”) (the “Placing”);

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Kibo Mining plc – Appointment of XCAP as new joint Corporate Broker

Kibo Mining plc (AIM: KIBO), (JSE: KBO), the Tanzania focused mineral exploration and development company, is pleased to announce the appointment of XCAP Securities plc (“XCAP”) as the Company’s new joint Corporate Broker, with immediate effect. XCAP will not only fulfil the role as joint broker but will also act lead broker for as long as Kibo maintains a joint broker status.

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Kibo Mining plc – Invitation from Tanzanian Government to present Rukwa Power Project Details

The board of Kibo Mining Plc (the “Company”) wishes to advise that it has received a formal invitation dated 13 February 2013 from the Ministryof Energy and Minerals (“MEM”) to present and discuss details pertaining to its Rukwa Coal toPower Project. The presentation will take place on 22 February 2013 and will also be attended by the Tanzanian Electricity Supply Commission
(“TANESCO”).

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Kibo Mining plc – Change in UK Broking Arrangements

Kibo Mining Plc (the “Company”) wishes to advise that in order to simplify its UK broking arrangements, Northland Capital Partners Limited (“Northland”) will act as sole UK broker to the Company forthwith. Cornhill Capital Limited (“Cornhill”), will no longer be retained as a joint broker alongside Northland. The Company wishes to thank Cornhill for the assistance it has provided the Company over the last 2 years.

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Kibo Mining plc – Retirement of Director

Kibo Mining plc advises that Mr Des Burke will retire as a Director of the Company on the 31 st January 2013. Mr Burke has informed the Company that his decision coincides with his retirement plans from the mining industry in order to pursue other interests.

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Kibo Mining plc – Issue of Shares

Further to its release on 9 January 2013, Kibo Mining Plc (the “Company”) is pleased to advise that it has issued 120,833,333 new ordinary shares to replace the same number of shares that were borrowed from its major shareholder, Mzuri Capital Group Ltd in order to facilitate a share placement.

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Kibo Mining plc – Kibo raises £725,000 of working capital

Kibo Mining plc (“Kibo” or the “Company”)  is pleased to announce  that  it has  completed  a placing  of  120,833,333  ordinary  shares  in  the  capital  of  the  Company  (the  “Shares”)  with clients  of  Kibo’s  UK  Broker,  Northland  Capital  Partners  Ltd.  at  a  placing  price  of  0.6p  to raise gross proceeds of £725,000  (the “Placing”). The funds raised will be applied towards the  Company’s  exploration  programs  in Tanzania, to  investigate  further  joint  venture opportunities and for general working capital purposes.

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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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