News

Kibo Announces Re-Negotiated Terms for Settling Sanderson Loan Facility

1 September 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 re-negotiated terms for the payback of the loan facility (the “Facility”) of GBP1,500,000 provided to the Company by Sanderson Capital Partners Limited (“Sanderson”), the details of which were announced in the Company’s RNS of 3 March 2016. Under the existing terms of the Facility, Kibo was required to pay back the loan in either cash or ordinary shares in Kibo, by 31 August 2016.

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Kibo Signs New Agreement with SEPCO III

25 August 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 new Agreement (the “Agreement”) with major international China based EPC contractor, SEPCO III.

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Kibo Signs Letter of Engagement with global law firm Norton Rose Fulbright

17 August 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 an Engagement Letter (the “Letter”) with global law firm Norton Rose Fulbright to provide it with legal services in regard to the development of its Mbeya Coal to Power Project in Tanzania.

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Share Issue

10 August 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 fifth drawdown of the loan facility (the “Facility”) provided to the Company by Sanderson Capital Partners Limited (“Sanderson”), the details of which were
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MCPP and Imweru Gold Project Interim Update

03 August 2016

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company provides an interim update on progress at the Company’s Mbeya Coal to Power Project (“MCPP”) and the Imweru gold project.

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Kibo Reaches Net Smelter Royalty Agreement with Acacia at Imweru and Lubando

22 July 2016

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development company, is pleased to announce it has reached an agreement (“the Agreement”) with Acacia Mining plc, (“Acacia”) for the conversion of Acacia’s residual equity interests in the Imweru and Lubando Projects to a 2% Net Smelter Royalty (“NSR”). The Agreement was signed between Reef Miners Limited, Kibo’s wholly owned Tanzanian subsidiary which holds the Imweru and Lubando project licences, and ABG Exploration Limited, Acacia’s Tanzanian subsidiary which holds the equity interests in the licences.

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Results of Annual General Meeting

21 July 2016

Shareholders are advised that the Annual General Meeting of Kibo Mining plc (“Kibo”) held today was attended in person and by proxy by shareholders holding approximately 6.6% of the shares in Kibo (354,632,316 issued and outstanding).

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MCPP: O&M Expression of Interest for Mbeya Power Plant

20 July 2016

Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company is pleased to announce another milestone in the progress of the Mbeya Coal to Power Project (“MCPP”) following the finalization of an Expression of Interest process, focused on developing the Operations and Maintenance (O&M) Agreement for the Mbeya Power Plant.

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AIM Share Price
(Ticker: KIBO)
5.00p Change -0.25p
at close on 21 Sep 2017

JSE Share Price
(Ticker: KBO)
113.00c Change 0.00c
at close on 22 Sep 2017

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