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KIBO Kibo Energy Plc

0.035
0.00 (0.00%)
28 Mar 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% 0.035 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

Kibo Mining Plc Share Issue (4319N)

29/01/2016 9:00am

UK Regulatory


Kibo Energy (LSE:KIBO)
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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

MSCGIGDBBSDBGLC

(END) Dow Jones Newswires

January 29, 2016 04:00 ET (09:00 GMT)

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