News

Correction to Kibo RNS dated 24 February 2017

Dated: 1 March 2018

The Company wishes to inform shareholders that the 10,000,000 warrants at an exercise price of 9p shown as outstanding to Metal Tiger plc in Kibo’s RNS of 24 February 2017 expire on 23 March 2018 and not on 25 February 2018 as stated in the RNS. The Company apologises for this typographical error.

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New Corporate Presentation

Dated: 1 March 2018

Kibo Mining plc (AIM: KIBO; AltX: KBO), the multi-asset Africa-focused energy and resource
company, is pleased to announce that the Company’s new corporate presentation is now available to
view on Kibo’s website.

To access the presentation please copy and paste the following link to your web browser:
http://kibomining.com/wp-content/uploads/Final RNS Reach New Presentation_V3.1_ 010318

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Press Speculation

Dated: 27 February 2018

Kibo Mining plc (AIM: KIBO; AltX: KBO), the multi-asset Africa-focused energy and resource company, announces that, contrary to press speculation, the company has not yet signed a PPA with Tanzania Electric Supply Company (‘TANESCO’), however it remains in advanced discussions with TANESCO and the Ministry of Energy (‘the Ministry’) regarding the Power Purchase Agreement (‘PPA’) for the Company’s flagship 300MW Mbeya Coal to Power Project (‘MCPP’). The PPA will enable Kibo to move towards execution and conclusion of the final development phase of the MCPP.

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Placing to Raise £750,000

Dated: 27 February 2018

Kibo Mining plc (AIM: KIBO; AltX: KBO), the multi-asset Africa-focused energy and resource company, is pleased to announce that it has received commitments to raise £750,000 before expenses via a placing of 17,647,060 ordinary shares of par value Eur. 0.015 each (‘New Ordinary Shares’) at a placing price of 4.25p per New Ordinary Share (the ‘Placing). The Placing has been arranged by Kibo’s UK Broker, Beaufort Securities Limited and the Company expects to pay an aggregate of £75,000 expenses associated with the placement.

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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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AIM Share Price
(Ticker: KIBO)
4.70p Change +0.00p
at 08:00 AM on 21 Aug 2018

JSE Share Price
(Ticker: KBO)
95.00c Change +0.00c
at 09:00 AM on 21 Aug 2018

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