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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% | 0.035 | 0.03 | 0.04 | 0.035 | 0.035 | 0.035 | 2,561,686 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Gold Ores | 1.04M | -9.78M | -0.0026 | -0.12 | 1.13M |
TIDMKIBO
RNS Number : 4319N
Kibo Mining Plc
29 January 2016
Kibo Mining Plc (Incorporated in Ireland) (Registration Number: 451931)
(External registration number: 2011/007371/10) Share code on the JSE Limited: KBO
Share code on the AIM: KIBO ISIN: IE00B97C0C31
("Kibo" or "the Company")
29 January 2016
Share Issue
Kibo Mining plc ("Kibo" or the "Company") (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development Company has today issued 9,000,000 Ordinary Shares (the "Shares") of EUR0.015 each in the capital of the Company at a price of 4.7p to Sanderson Capital Partners Limited ("Sanderson") for a total value of GBP423,000. The Shares were issued as re-payment of GBP300,000 of the GBP500,000 loan facility provided by Sanderson to the Company on the 4(th) November 2015 and to cover additional loan related fees and costs under the revised payment terms. As noted in the RNS dated 28 January 2016, the remaining loan balance is GBP200,000 which is repayable in cash together with fees associated with the loan of GBP50,000.
Application will be made for the 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 3 February 2016 ("Admission"). On completion of Admission the Company will have 339,928,714 shares in issue.
Contacts
Louis Coetzee +27 (0) 83 Kibo Mining Chief Executive 2606126 plc Officer ------------------ -------------- ------------------ --------------------- Corporate Adviser Andreas Lianos +27 (0) 83 River Group and Designated 4408365 Adviser on JSE ------------------ -------------- ------------------ --------------------- Beaufort Jon Belliss +44 (0) 207 Securities Broker 382 8300 Limited ------------------ -------------- ------------------ --------------------- RFC Ambrian Oliver Morse +61 8 9480 Limited Nominated Adviser 2500 on AIM ------------------ -------------- ------------------ --------------------- Daniel Thöle +44 (0) 203 Anna Legge 772 2500 Bell Pottinger Investor and Media Relations ------------------ -------------- ------------------ ---------------------
Johannesburg
29 January 2016
Corporate and Designated Adviser River Group
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
January 29, 2016 04:00 ET (09:00 GMT)
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