News

Kibo Signs MOU with Lake Victoria Gold LTD to Fast Track Development of the Imweru Gold Project

02 June 2016

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company is pleased to announce that it has signed a Memorandum of Understanding (“MOU”) with Lake Victoria Gold LTD (“Lake Victoria”) to consolidate the companies’ respective Imweru and Imwelo gold projects.

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Share Issue

31 May 2016

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company has today issued 433,835 new Ordinary Kibo shares of €0.015 par value each in the capital of the Company (the “Settlement Shares”) to service providers in settlement of invoices. 321,457 of the Settlement Shares were issued at 3.733 per share to RFC Ambrian for corporate advisory fees to the Company in the amount of £12,000. The remaining 112,378 were issued at 4.5p per share for project management services to a service provider in Tanzania in the amount of £5,057. Application will be made for the Settlement Shares to be admitted to trading on AIM and the JSE AltX markets. Trading in the Shares is expected to commence on AIM and the JSE on or around 3rd June 2016 (“Admission”). On completion of Admission the Company will have  353,446,270 shares in issue.

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Share Issue

20 May 2016

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company has today elected to make the third drawdown of the loan facility (the “Facility”) provided to the Company by Sanderson Capital Partners Limited (“Sanderson”), the details of which were announced on the Company’s RNS of 03 March 2016.

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Mbeya Coal to Power Project Successfully Completes Phase 1 of Environmental and Social Impact Study

19 May 2016 

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development company is pleased to announce that Phase 1 of the Mbeya Coal to Power Project (“MCPP”) Environmental and Social Impact Assessment (“ESIA”) was successfully completed upon receiving notice from the Tanzanian Government that the ESIA studies for the Mbeya Coal Mine and Mbeya Power Plant have both been accepted and officially registered.

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Results for Power Definitive Feasibility Study – Mbeya Coal to Power Project

04 May 2016

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company is pleased to announce results from the Power Definitive Feasibility Study (“PDFS”) for the Mbeya Coal to Power Project (“MCPP”). This announcement should be read in conjunction with previous RNS statements dated 18 and 30 December 2014 reporting on the completed Power Definitive Pre-Feasibility Study, as well as the most recent announcement dated 29 April 2016.

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Share Issue

12 April 2016

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company has today elected to make the second drawdown of the loan facility (the “Facility”) provided to the Company by Sanderson Capital Partners Limited (“Sanderson”), the details of which were announced on the Company’s RNS of 03 March 2016.

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Mbeya Coal to Power Project (MCPP): Restatement of the Mbeya Coal Resource Completed

11 April 2016

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company, is pleased to announce that the restatement of the Mbeya coal resource has now been completed. This represents another key milestone as the MCPP approaches the final stages of its development ahead of Financial Close.

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Mbeya Coal to Power Project: Definitive Power Feasibility Study Work Completed

01 April 2016  Mbeya Coal to Power Project: Definitive Power Feasibility Study Work Completed Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company is pleased to announce that the Mbeya Coal to Power Project (“MCPP”), Definitive Power Feasibility Study (“DPFS”) work has
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AIM Share Price
(Ticker: KIBO)
5.00p Change -0.25p
at 1:33pm on 30 May 2017

JSE Share Price
(Ticker: KBO)
109.00c Change -10.00c
at 2:34pm on 30 May 2017

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