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12 November 2015
Kibo Mining plc ('Kibo' or the 'Company') (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development Company has today issued 1,666,667 Ordinary Shares (the 'Shares') of €0.015 each in the capital of the Company at a price of 6p to Sanderson Capital Partners Limited ('Sanderson'). The Shares were issued upon receipt of £500,000 from Sanderson, representing the full drawdown amount of the loan facility provided by Sanderson to the Company, the details of which were announced on the Company's RNS of the 4th November 2015.
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 17 November 2015 ('Admission'). On completion of Admission the Company will have 330,928,714 shares in issue.
Louis Coetzee, CEO of the Company, commented today: 'Whilst confirming that the £526,000placingproceedsduetotheCompany,whichhavebeenretained intheHumeclientmoneyaccountsinceMarch2015,willbereleased toKiboinduecourse,theadministratorsof HumeCapitalhavenotbeenabletoprovideKibowitha definitive timeline for the distribution. Accordingly Kibo has elected to draw down the loan facility from Sanderson in order to prevent the delay in the receipt of these funds from holding up work on the Mbeya Coal to Power Project ('MCPP') and Kibo's other projects.'
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Kibo Mining Plc
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EXPLORATEUR |
CODE : KIBO.L |
ISIN : IE00B97C0C31 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Kibo Mining Plc est une société d’exploration minière basée en Irlande. Ses principaux projets en exploration sont HANETI NICKEL, MOROGORO GOLD, LUHALA GOLD et ITETEMIA GOLD en Tanzanie. Kibo Mining Plc est cotée au Royaume-Uni. Sa capitalisation boursière aujourd'hui est 14,9 millions GBX (17,4 millions US$, 16,2 millions €). La valeur de son action a atteint son plus haut niveau récent le 02 janvier 2015 à 9,85 GBX, et son plus bas niveau récent le 23 décembre 2022 à 0,00 GBX. Kibo Mining Plc possède 412 901 424 actions en circulation. |