News

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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Kibo – Issue of Equity 1 October 2010

Kibo Mining (AIM: KIBO), involved in the exploration and development of gold and nickel deposits in Tanzania, is pleased to announce that on 1 October 2010 it agreed to place 12,500,000 new ordinary shares of Euro0.01 each in the Company (“Placing Shares”) at a placing price of 2p per ordinary share (the “Placing”) to raise GBP250,000 before expenses. The net proceeds from the Placing will be used to finance continued exploration in Tanzania and for general working capital purposes.

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Kibo Drilling Results 31 August 2010

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 drilling results on its Luhala project located in the Lake Victoria Goldfields of northern Tanzania. The Company will earn a 100% interest in the Luhala project through an option and royalty agreement with Canadian and American listed Tanzanian Royalty Exploration Ltd.

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Kibo Directorship Changes – 19 July 2010

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 the appointment of Des Burke and Louis Coetzee as Non-Executive Directors of Kibo.

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Kibo Drilling Update – 6 July 2010

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 the commencement of drilling on its Luhala project located in the Lake Victoria Goldfields of northern Tanzania.

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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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