KBO - Kibo Mining Plc - Proposed Adjournment of Annual General Meeting

KBO - Kibo Mining Plc - Proposed Adjournment of Annual General Meeting          
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: IE00B61XQX41                                                              
("Kibo" or "the Company")                                                       
Proposed Adjournment of Annual General Meeting                                  
Kibo Mining plc ("Kibo" or the "Company") (AIM: KIBO; AltX: KBO), the Tanzania  
focused mineral exploration and development company, proposes to adjourn its    
Annual General Meeting scheduled for 3 p.m. on Friday, 27th April 2012  at the  
Hotel Meyrick, Eyre Square, Galway, Ireland to 2 p.m on Thursday, 31st May 2012 
at the same venue.                                                              
The proposed adjournment of the Annual General Meeting is required due to       
service difficulties outside the control of the Company, whereby some           
Shareholders have not received the Notice of Annual General Meeting within the  
required timescales. A revised Notice of Annual General Meeting will be posted  
to all Shareholders this week.                                                  
Enquiries:                                                                      
Louis Coetzee   +27 (0)83        Kibo Mining plc    Chief Executive Officer     
               2606126                                                          
Noel O`Keeffe   +353 (0)91       Kibo Mining plc    Exploration Director        
               865367                                                           
John Simpson    +44 (0)207 016   Zeus Capital       Nominated Advisor           
               8912             Limited                                         


Andreas Lianos  +27 (0)83        River Group        Designated Advisor          
               4408365                                                          
Nick Bealer     +44 (0)207       Cornhill Capital   Broker (Corporate Broking)  
7109612          Ltd                                             

Andrew Frangos  +44 (0)207       Cornhill Capital   Broker (Corporate Finance)  
               7109610          Ltd                                             
Matt Beale      +44 (0)7966 389  Fortbridge         Public Relations            
196              Consulting UK                                   

Updates on the Company`s activities are regularly posted on its website         
www.kibomining.com                                                              
Notes to Editors:                                                               
Kibo is a public company registered in Ireland (company number 451931). Its     
registered office is Kibo Mining plc, Suite 3, One Earlsfort Centre, Lower Hatch
Street, Dublin 2, Ireland. Kibo was established in early 2008 to explore and    
develop mineral deposits in Tanzania, East Africa and was admitted to AIM on 27 
April 2010 and AltX in South Africa on 30 May 2011                              
The Board of Kibo is composed of highly experienced professionals spanning      
mineral exploration, mine development, mining finance and financial control of  
public companies. It is supported by well trained and highly motivated Tanzanian
staff that operates from Kibo`s exploration offices in Dar es Salaam and Mwanza.
The mineral assets of the Company comprise three projects in Tanzania - Haneti  
(nickel, platinoid elements and gold), Morogoro (Gold) and Lake Victoria (Gold) 
which give Kibo access to over 18,000 km2 of early stage exploration licences in
Tanzania`s premier gold mining region, the Lake Victoria Goldfield and within   
the newly emerging gold exploration regions in eastern Tanzania                 
Strategy                                                                        
Kibo`s objective is to enhance Shareholder value through acquisition,           
exploration and development of mineral assets in Tanzania. This objective will  
be pursued primarily through active exploration, particularly drilling on its   
current projects and by using the Company`s experience in Tanzania to acquire   
further quality mineral projects on competitive terms that can be quickly       
evaluated and taken to the next stage of development. Kibo will undertake       
continual risk assessment of its projects and take whatever actions it believes 
are necessary to ensure that these risks are mitigated.                         
Pretoria                                                                        
17 April 2012                                                                   
Date: 17/04/2012 08:00:04 Supplied by www.sharenet.co.za                     
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