KIBO MINING PLC - Kibo Share Forfeiture

Kibo Share Forfeiture

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")

Dated: 23 June  2015

Kibo Share Forfeiture

Kibo Mining Plc ("Kibo" or the "Company") (AIM:KIBO; JSE AltX: KBO), the Tanzania focused 
mineral exploration and development company announces in accordance with the terms of  its 
Articles of Association, that it has today declared 4,090,000 Ordinary Shares ("Forfeited Shares") 
issued to XCAP Nominees Limited <Placings> (XCAP"), a subsidiary of Hume Capital Limited, 
on the 3rd March 2015, forfeited. The Forfeited Shares remained unpaid at the 22 June 2015 which 
was the final date advised to XCAP for receipt of funds by Kibo for the Forfeited Shares. The 
Forfeited Shares will now be placed in a Company treasury account for disposal at a later date.

The table below shows the number of Kibo Shares issued and outstanding prior to and after the share 
process.

Shares Issued & Outstanding                                            Kibo Shares Issued &
Prior to Share Forfeiture               Shares Forfeited             Outstanding after Share 
                                                                             Forfeiture

328,898,757                                4,090,000                324,808,757 (and 4,090,000 
                                                                   ordinary shares held in Kibo 
                                                                          treasury account)

An application has been made for the Forfeited Shares to be delisted from AIM and the JSE and this is 
expected to take place on 23 June 2015

Contacts

Louis Coetzee
+27 (0) 83 2606126
Kibo Mining plc
Chief Executive Officer

Andreas Lianos
+27 (0) 83 4408365
River Group
Corporate and Designated Adviser on JSE

Jon Belliss
+44 (0) 207 382 8300
Beaufort Securities Limited
Broker

Oliver Morse
+61 8 9480 2500
RFC Ambrian Limited
Nominated Adviser on AIM

Daniel Thšle
Lucinda Alderson
+44 (0) 203 772 2500
Bell Pottinger
Investor and Media Relations

Johannesburg
23 June 2015
Corporate and Designated Adviser
River Group



Date: 23/06/2015 04:08:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.