| Kibo Mining raises £1,500,000 in Share Placing | |
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21 April 2015
Kibo Mining plc ("Kibo" or the "Company") (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development Company is pleased to announce it has received commitments to a share placing of 25,000,000 new ordinary shares of Eur. 0.015 in the capital of the Company with clients of Kibo's UK Broker, Beaufort Securities Limited, at a placing price of 6p per share (the "Placing Shares"), to raise gross proceeds of £1,500,000 before expenses (the "Placing").
Application will be made for the Placing Shares to be admitted to trading on AIM and the JSE AltX markets. Trading in the Placing Shares is expected to commence on AIM and the JSE on or around 27 April 2015 ("Admission"). On completion of Admission the Company will have 328,238,757 shares in issue.
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Kibo Mining raises £1,500,000 in Share Placing
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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 14.5 millions as of today (US$ 16.9 millions, € 15.8 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. |