Kibo Mining Plc Share Issue (7060Z)
May 31 2016 - 4:00AM
UK Regulatory
TIDMKIBO
RNS Number : 7060Z
Kibo Mining Plc
31 May 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")
31 May 2016
Share Issue
Kibo Mining plc ("Kibo" or the "Company") (AIM: KIBO; AltX:
KBO), the Tanzania focused mineral exploration and development
Company has today issued 433,835 new Ordinary Kibo shares of
EUR0.015 par value each in the capital of the Company (the
"Settlement Shares") to service providers in settlement of
invoices. 321,457 of the Settlement Shares were issued at 3.733 per
share to RFC Ambrian for corporate advisory fees to the Company in
the amount of GBP12,000. The remaining 112,378 were issued at 4.5p
per share for project management services to a service provider in
Tanzania in the amount of GBP5,057. Application will be made for
the Settlement 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 3rd June 2016 ("Admission"). On completion
of Admission the Company will have 353,446,270 shares in issue.
Contacts
+27 (0) 83 2606126 Kibo Mining Chief Executive Officer
Louis Coetzee plc
------------------- ------------------ --------------------------- ------------------------------
Andreas Lianos +27 (0) 83 4408365 River Group Corporate Adviser and
Designated Adviser on
JSE
------------------- ------------------ --------------------------- ------------------------------
Jon Belliss +44 (0) 207 382 Beaufort Securities Broker
8300 Limited
------------------- ------------------ --------------------------- ------------------------------
Oliver Morse +61 8 9480 2500 RFC Ambrian Nominated Adviser on
Limited AIM
------------------- ------------------ --------------------------- ------------------------------
Daniel Thöle +44 (0) 203 772
/ Anna Legge 2500 Bell Pottinger Investor and Media Relations
------------------- ------------------ --------------------------- ------------------------------
Johannesburg
31 May 2016
Corporate and Designated Adviser River Group
This information is provided by RNS
The company news service from the London Stock Exchange
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