| Update on Proceeds of Hume Placing | |
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18 June 2015
Kibo Mining Plc ("Kibo" or the "Company") (AIM:KIBO; JSE AltX: KBO), the Tanzania focused mineral exploration and development company, is pleased to provide the following update to the announcement it made on 25 March 2015, regarding the delayed receipt of the proceeds of its February placing, due to the fact that the Company's previous brokers Hume Capital Securities plc ("Hume Capital") had appointed administrators.
Kibo has been in regular contact with the joint special administrators of Hume Capital who have now confirmed that they are in the final stages of the administration process and anticipate disbursing client monies under administration in one lump sum payment by early September 2015. Kibo understands that substantially all of the £526,000.00 (representing the consideration for 10,520,000 Kibo shares which were to be issued to third party investors) which had been paid into Hume Capital's client money account, will be released to Kibo, less a small proportion representing costs of the administration.
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Update on Proceeds of Hume Placing
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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. |