News

Kibo Mining plc – Projects Update

  • Scoping study about to commence on the Rukwa Coal Project to establish economic and technical parameters for the proposed coal to power project with continued support from the Tanzanian Government
  • Field team mobilising to Haneti funded by JV partner Votorantim
  • Rationalisation of grass-roots exploration ground to focus on priority target areas and reduce licence fees
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Kibo Mining plc – Issue of shares for Cash

Kibo  Mining  plc  (“Kibo”  or  the  “Company”)  announces that  pursuant  to  the  previously announced standby equity distribution agreement (“SEDA”) dated 14 August 2012 between the  Company  and  YA  Global  Master  SPV  Ltd  (“YA  Global”)  the  Company  has  issued 1,067,174 ordinary shares of €0.015 each in the capital of the Company (the “Shares”) at an issue price of 5.073p to YA Global. These Shares are being issued under the terms of a loan and special advance under the SEDA established by aLetter of Agreement dated 2nd April 2013.

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Korean Power Company To Participate in Rukwa Coal to Power Project & Placing for £780,000

Korean Government Owned Power Company To Participate in Kibo’s Rukwa Coal to Power Project & Placing for £780,000

The board of Kibo Mining Plc (“Kibo” or the “Company”) is pleased to report that, pursuant to the decision by the Tanzanian Government to include the Company’s Rukwa Coal to Power Project as a key component of the Tanzanian National Energy Strategy (“NES”), it has now concluded its selection of Korean East-West Power Co. Ltd (“EWP”) as the preferred strategic participant in the Rukwa Coal to Power Project and negotiations are currently under way towards finalizing a formal joint venture agreement between the parties.

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Kibo commences work at Haneti Nickel with Votorantim

Kibo commences with work program on Haneti Nickel JV with Brazilian major Votorantim

All conditions precedent for Kibo’s joint venture agreement with major Brazilian industrial conglomerate Votorantim Metaís Participações Ltda for the further exploration of its Haneti Nickel Project have been fulfilled.

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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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AIM Share Price
(Ticker: KIBO)
4.70p Change +0.05p
at close on 17 Aug 2018

JSE Share Price
(Ticker: KBO)
95.00c Change +10.00c
at close on 17 Aug 2018

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