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KIBO MINING PLC - Clarification re CEO shareholding

Release Date: 10/10/2014 09:10
Code(s): KBO     PDF:  
Wrap Text
Clarification re CEO shareholding

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")

 10 October 2014

Clarification re CEO shareholding
 
In Kibo's announcement of 31 July 2014 "Kibo Mining Plc Results of Annual General Meeting 
and Completion of Placing Announced on 14 July 2014", it was disclosed that Louis Coetzee, 
Kibo's CEO, held 7,133,284 shares in the Company following his participation in this placing of 
1,533,381 shares. This disclosure was incorrect and Mr Coetzee in fact held 5,876,998 shares in 
the Company following his participation in the placing at 14 July 2014.
 
As disclosed on 8 October 2014, following his participation in the placing announced on that day 
of 888,998 shares, Mr Coetzee now holds 6,765,996 shares in Kibo. He has not disposed of any 
of the Kibo shares he holds in the Company during the period between 31st July and 8th October.


Contacts
Louis Coetzee
+27 (0) 83 2606126
Kibo Mining plc

Chief Executive Officer
Andreas Lianos
+27 (0) 83 4408365
Kibo Mining plc 
& River GroupExecutive Director, 
Corporate Adviser and Designated Adviser on JSE

Jon Belliss
+ 44 (0) 20 3216 2630
Hume Capital (Previously XCAP)
Broker

Oliver Morse
Trinity McIntyre
+61 8 94802500
RFC Ambrian Limited
Nominated Adviser on AIM

Daniel Thšle
Lydia Eades
+44 (0) 207 8611606
+44 (0) 207 8613126
 Bell Pottinger
Investor and Media Relations

Kibo Mining - Notes to editors 

Kibo was established in early 2008 to explore and develop mineral deposits in Tanzania. The 
Company was admitted to AIM in London on 27 April 2010 and the AltX in Johannesburg on 30 
May 2011. The Company is developing the Rukwa mouth-of-mine thermal power station and 
controls one of Tanzania's largest mineral right portfolios, including the Haneti (nickel, PGE and 
gold), Morogoro (gold), Lake Victoria (gold), and Pinewood (coal & uranium) projects.

Its projects are located both in the established and gold prolific Lake Victoria Goldfields, the 
emerging goldfields of eastern Tanzania and the Mtwara Corridor in southern Tanzania where 
the Government has prioritised infrastructural development attracting significant recent 
investment in coal and uranium.

Kibo's objective is to build shareholder value sustainably. This will be achieved primarily 
through exploration of its own projects and leveraging the Company's experience in Tanzania to 
acquire exploration and development assets on competitive terms. The focus is on assets that can 
be moved swiftly up the value curve whilst benefitting from strategic relationships with industry 
leaders with special skills and competencies within their chosen fields. 

Updates on the Company's activities are regularly posted on its website www.kibomining.com 

Johannesburg
10 October 2014

Corporate and Designated Adviser
River Group




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