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KIBO Kibo Energy Plc

0.012
0.00 (0.00%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Kibo Energy Plc LSE:KIBO London Ordinary Share IE00B97C0C31 ORD EUR0.0001 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.012 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 1.04M -9.78M -0.0022 -0.05 523.31k

Change of Adviser (6552L)

03/08/2011 1:00pm

UK Regulatory


Kibo Energy (LSE:KIBO)
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TIDMKIBO

RNS Number : 6552L

Kibo Mining Plc

03 August 2011

KIBO MINING PLC

Change of Adviser

Dated: 3 August 2011

Kibo Mining plc ("Kibo" or the "Company") (AIM, KIBO: JSE, KBO) the mineral exploration and development company focused on gold and nickel projects in Tanzania, is pleased to announce the appointment of Cornhill Capital Limited as the Company's sole Corporate Broker, as required under the AIM Rules, with effect from Wednesday 3 August 2011.

Commenting today, Noel O'Keeffe, Chief Executive Officer of Kibo said:

"I am pleased to appoint Cornhill Capital Limited as the sole Corporate Broker to the Company, who have provided innovative funding raisings for AIM companies over the years, and who specialise in the resource sector".

About Kibo Mining

The Company's objective is to enhance shareholder wealth through acquisition, exploration and development of mineral assets in Tanzania. This objective will be pursued primarily through active exploration, particularly drilling on its current projects and by using the Company's experience in Tanzania to acquire further quality mineral projects on competitive terms that can be quickly evaluated and taken to the next stage of development. The Company will undertake continual risk assessment of its projects and take whatever actions it believes are necessary to ensure that these risks are mitigated.

The Board of Kibo is composed of highly experienced professionals spanning mineral exploration, mine development, mining finance and financial control of public companies. It is supported by well trained and highly motivated Tanzanian staff who operate from Kibo's exploration office in Tanzania's second largest city, Mwanza, located in Tanzania's main gold producing region, The Lake Victoria Goldfields, in the north of the country. The assets of the Company are interests in two resource based gold projects - Itetemia and Luhala, and an extensive portfolio of early stage exploration ground at Haneti (Nickel -Platinum-Gold), Morogoro (Gold) and Lake Victoria (Gold).

Enquiries:

 
 Noel O'Keeffe   +353 (0)91 384562    Kibo Mining        Chief Executive 
                                       plc                       Officer 
 John Simpson    +44 (0)207 7766550   Daniel Stewart           Nominated 
                                       & Company                 Adviser 
                                       Plc 
 Andrew Lianos   +27 (0)83 4408365    River Group             Designated 
                                                               Adviser - 
                                                                     JSE 
 Nick Bealer     +44 (0)207 710       Cornhill         Broker (Corporate 
                  9612                 Capital Ltd              Broking) 
 John Treacy     +44 (0)207 710       Cornhill         Broker (Corporate 
                  9610                 Capital Ltd              Finance) 
 

Updates on the Company's activities are regularly posted on its website www.kibomining.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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