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KIBO MINING PLC - Share Issue

Release Date: 29/01/2016 11:00
Code(s): KBO     PDF:  
Wrap Text
Share Issue

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")

29 January 2016

Share Issue

Kibo Mining plc ("Kibo" or the "Company") (AIM: KIBO; AltX: KBO), the Tanzania focussed 
mineral exploration and development Company has today issued 9,000,000 Ordinary Shares (the 
"Shares") of Û0.015 each in the capital of the Company at a price of 4.7p to Sanderson Capital 
Partners Limited ("Sanderson") for a total value of £423,000. The Shares were issued as re-
payment of £300,000 of the £500,000 loan facility provided by Sanderson to the Company on the 
4th November 2015 and to cover additional loan related fees and costs under the revised payment 
terms. As noted in the RNS dated 28 January 2016, the remaining loan balance is £200,000 which 
is repayable in cash together with fees associated with the loan of £50,000.

Application will be made for the 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 3 
February 2016 ("Admission"). On completion of Admission the Company will have 339,928,714 
shares in issue. 

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) 207 382 8300
Beaufort Securities Limited
Broker

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

Daniel Thole Anna Legge
+44 (0) 203 772 2500
Bell Pottinger
Investor and Media Relations

Johannesburg
29 January 2016
Corporate and Designated 
Adviser River Group



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