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KIBO MINING PLC - Kibo Mining Plc (Kibo or the Company) Monthly Q&A for Investors

Release Date: 12/09/2017 15:45
Code(s): KBO     PDF:  
Wrap Text
Kibo Mining Plc (‘Kibo’ or the ‘Company’)
Monthly Q&A for Investors

  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: 12 September 2017

                            Kibo Mining Plc (‘Kibo’ or the ‘Company’)
                                     Monthly Q&A for Investors



Kibo Mining plc (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and
development company is pleased to announce that its monthly Q&A session for investors, hosted by
Vox markets, will be released today.


Investors      who   wish    to   take   part    in   the    sessions   can    send    their   questions
to investors@kibomining.com and register with Vox Markets at www.voxmarkets.co.uk.


Vox Markets is an award-winning service that provides the sophisticated investment community with
aggregated information from a variety of sources. To learn the latest on Kibo follow 'KIBO'
at www.voxmarkets.co.uk/company/KIBO to receive push notifications when Kibo features in the
press, releases an RNS or features on a podcast interview.


                                                **ENDS**


For further information please visit www.kibomining.com or contact:


 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     Broker
                                                           Limited

 Andrew Thomson            +61 8 9480 2500            RFC Ambrian             NOMAD on AIM
                                                          Limited

 Hugo de Salis / Priit     +44 (0) 207 236 1177       St Brides Partners      Investor and Media
 Piip                                                  Ltd                     Relations Adviser



Notes to editors:

Kibo Mining is listed on the AIM market in London and the AltX in Johannesburg. Kibo Mining is
focused on exploration and development of mineral projects in Tanzania, and controls a large mineral
rights portfolio in Tanzania.



Kibo Mining holds a thermal coal deposit at Mbeya, which has a significant NI 43-101compliant
defined resource, and is developing a 250-350 MW mouth-of-mine thermal power station, the Mbeya
Coal to Power Project ("MCPP"), previously called the Rukwa Coal to Power Project ("RCPP"), with
an established management team that includes ABSA / Barclays as Financial Advisor. Kibo has
completed a Coal Mining Definitive Feasibility Study and a Power Pre- Feasibility Study for the Mbeya
project and has recently announced the completion of an Integrated Bankable Feasibility Study report
for the project. On 25 August 2016, Kibo signed an Agreement with China based EPC contractor
SEPCO III granting it the right to become the sole bidder for the EPC contract to build the power plant
component of the MCPP in exchange for SEPCO III refunding 50% of the development costs incurred
by Kibo to date on the project. Kibo has already received the first tranche of this funding in the amount
of US$1.8 million on the 5th September 2016 and signed an EPC contract with SEPCO III on the 19th
December 2016.

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

Kibo Mining's projects are located in central Tanzania and in the Mtwara Corridor in southern Tanzania
where the Government has prioritized infrastructural development attracting significant recent
investment in coal and uranium. Kibo Mining 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. Kibo Mining recognizes the potential to enhance the
quality of life and opportunity for Tanzanian citizens through careful development of its projects.


Johannesburg
12 September 2017
Corporate and Designated Adviser
River Group

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