| KIBO SHARE OPTION GRANT AND SHARE ISSUE | |
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2 June 2015
Kibo Mining plc ("Kibo" or the "Company") (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company announces the grant of options ("Incentive Options") over 15.3 million Ordinary Shares of €0.015 each in the capital of the Company to directors, management and staff (the "Recipients").
The Incentive Options are being issued at an Exercise Price of £0.05 per share, will have a term of three years and are replacing all previously issued and unexpired options held by the Recipients which have now been cancelled. The details of the options held by the Recipients before and after grant of the Incentive Options are set out in the table below.
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KIBO SHARE OPTION GRANT AND SHARE ISSUE
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Kibo Mining Plc
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EXPLORATION STAGE |
CODE : KIBO.L |
ISIN : IE00B97C0C31 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Kibo Mining Plc is a exploration company based in Ireland. Its main exploration properties are HANETI NICKEL, MOROGORO GOLD, LUHALA GOLD and ITETEMIA GOLD in Tanzania. Kibo Mining Plc is listed in United Kingdom. Its market capitalisation is GBX 14.9 millions as of today (US$ 17.3 millions, € 16.2 millions). Its stock quote reached its highest recent level on January 02, 2015 at GBX 9.85, and its lowest recent point on December 23, 2022 at GBX 0.00. Kibo Mining Plc has 412 901 424 shares outstanding. |