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KIBO MINING PLC - Notice of Presentation in London and Letter to Shareholders

Release Date: 12/11/2014 09:00
Code(s): KBO     PDF:  
Wrap Text
Notice of Presentation in London and Letter to Shareholders

  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”)

  12 November 2014

                     Notice of Presentation in London and Letter to Shareholders

 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focussed
 mineral exploration and development company, is pleased to announce it will be presenting to investors at
 the MiningMaven Investor Evening in London on Thursday 13th November 2014. This presentation will be
 made available from Kibo’s website. Shareholders and investors wishing to attend this evening may
 register free of charge at the event website:

https://www.eventbrite.co.uk/e/miningmaven-investor-evening-mosman-oil-gas-ecr-minerals-
kibo-mining-registration-9994274143

In addition, the Company would also draw attention to a Letter to Shareholders from the Company Chief
Executive Officer Louis Coetzee, which provides a comprehensive update on the Company’s principle
activities and interests. This letter will be made available shortly on the home page of the Company’s
website at http://kibomining.com/uf//Letter to Shareholders v3.0_11-11-2014.pdf

Louis Coetzee, CEO of Kibo Mining, said: “We are delighted to once again have the opportunity to
discuss the Company’s progress face to face with shareholders and investors. Tremendous progress has
been made in the Company’s key interests during the last year and we at the point of significant further
value add, notably in respect of the Rukwa Coal to Power Project and the Imweru Gold Project. We
recognise the extremely difficult market climate for natural resource equities at present, but such
conditions do not remain in perpetuity. Therefore, through this presentation and the Letter to
Shareholders on our website we wish to demonstrate the Company’s confidence and enthusiasm for its
business assets and our commitment to see their value properly reflected in our market capitalisation.”

  Contacts

  Louis Coetzee           +27 (0) 83 2606126       Kibo Mining plc      Chief Executive Officer
  Andreas Lianos          +27 (0) 83 4408365       River Group          Corporate     Adviser       and
                                                                        Designated Adviser on JSE
  Jon Belliss             +44 (0) 20 3693 1470     Hume       Capital   Broker
  Abigail Wayne                                    Securities Plc
  Oliver Morse and +61 8 9480 2500                 RFC       Ambrian    Nominated Adviser on AIM
  Trinity McIntyre                                 Limited
  Daniel Thöle            +44 (0) 203 772 2500     Bell Pottinger       Investor and Media Relations
  Lydia Eades             +44 (0) 203 772 2500
Kibo Mining - Notes to editors


Kibo Mining is listed on the AIM market in London and the AltX in Johannesburg. The
Company is focused on exploration and development of mineral projects in Tanzania, and
controls one of Tanzania’s largest mineral right portfolios. Tanzania provides a secure and
stable operating environment for the mineral resource industry and Kibo Mining therein.


Kibo Mining holds a thermal coal deposit at Rukwa, which has a significant JORC compliant
defined resource, and is developing a 250-350MW mouth-of-mine thermal power station with
an established management team that includes Standard Bank as Financial Advisor.


Kibo also holds the Haneti Licence on which the latest technical report confirms prospectivity
for nickel, PGMs, gold and strategic metals.


The Company also has extensive gold focused interests including Lake Victoria Goldfields and
Morogoro projects. At Lake Victoria, the Company has projects with a substantial existing
JORC compliant gold resource and is seeking to materially increase this resource through
exploration of known extensions to existing mineralisation.


Kibo Mining also holds the Pinewood (coal & uranium) projects.


The Company’s projects are located 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. The Company has a positive working
relationship with the Tanzanian government at local, regional and national levels and works
hard to maintain positive relationships with all communities where company interests are held.
The Company recognises the potential to enhance the quality of life and opportunity for
Tanzanian citizens through careful development of its projects.
Updates on the Company’s activities are regularly posted on its website www.kibomining.com


Johannesburg
12 November 2014
Corporate and Designated Adviser
River Group

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