News

Kibo Share Options Granted

On 6 April 2011 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO) the mineral exploration and development company focused on gold and nickel projects in Tanzania, approved the grant of options at £0.0388 each over the ordinary shares of €0.01 in the capital of the Company (“the Options”) to Directors and to key staff as set out below:

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Research Note on Kibo Mining 13 April 2011

Kibo Mining* – Speculative Buy at 3.375p with a 10ptarget price

Kibo Mining has an extensive portfolio of gold interests in Tanzania in the Lake Victoria Goldfields, the home to a number of world class gold projects and in the newly emerging goldfields in eastern Tanzania. The understanding of gold occurrences in Tanzania has been turned on its head in recent years following the discoveries made by Canaco Resources in the East of the country.

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Kibo JSE Listing, Operational update & Resignation of Director

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO) the mineral exploration and development company focused on gold and nickel projects in Tanzania, is pleased to announce an update on its application for its Shares to be dual listed on the Johannesburg Stock Exchange Limited (“JSE”) as detailed in the Circular to Shareholders dated 2 March 2011. The Company is also pleased to announce recent results from exploration work on its Nickel-PGM–Gold prospective Haneti project located 30 kilometres north of the city of Dodoma in central Tanzania.

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Kibo Warrant Exercise 10 March 2011

The Directors of Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO) the mineral exploration and development company focused on gold and nickel projects in Tanzania advised that Alexander David Securities Limited, the Company’s broker, have exercised Subscription Rights in respect of 1,500,000 ordinary shares of €0.01 each in the capital of the Company (“Warrant Shares”) under the Warrant Instrument. The Subscription Price is £0.015 per Warrant Share.

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Completion of Subscription, Acquisition and Placing 4 March 2011

Completion of the Subscription and the acquisition of Morogoro and the appointment of new Directors to the board

The Directors of Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO) the mineral exploration and development company focused on gold and nickel projects in Tanzania is pleased to advise that the following the announcement on 30 December 2010 Company has today completed the Subscription by Mzuri Gold Limited (“Mzuri”) for 16,666,667 new Ordinary Shares in the share capital of Kibo at an issue price of 3p per share (the “Subscription Shares”) to raise £500,000 and the acquisition of the entire issued share capital of Morogoro Gold Limited (“Morogoro”), a wholly owned subsidiary of Mzuri for £1,700,000 by the issue of 56,666,667 new Ordinary Shares in the Company at an issue price of 3p per share (the “Acquisition Shares”). Completion is conditional inter alia on the Subscription Shares and the Acquisition Shares (the “New Shares”) being admitted to AIM.

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Shareholder Circular 4 March 2011

(Incorporated in Ireland under the Companies Acts1963-2006 with registered number 451931)
Subscription of 16,666,667 Subscription Shares at 0.3 pence per share
Acquisition of Morogoro and Listing of Kibo on the JSE

Nominated Adviser: Daniel Stewart & Company plc
Joint Broker: Alexander David Securities Limited; Loeb Aron & Company Limited

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Kibo – AGM Results

The Directors of Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO) the mineral exploration and development company focused on gold and nickel projects in Tanzania, are pleased to announce that all Resolutions proposed at the Annual General Meeting of the Company held on 30 December 2010 were duly passed without amendment.

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AIM Share Price
(Ticker: KIBO)
4.25p Change -0.38p
at close on 12 Dec 2017

JSE Share Price
(Ticker: KBO)
107.00c Change -1.00c
at close on 12 Dec 2017

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