Propsed Adjournment of Annual General Meeting (4188B)
April 17 2012 - 2:00AM
UK Regulatory
TIDMKIBO
RNS Number : 4188B
Kibo Mining Plc
17 April 2012
KIBO MINING PLC
Proposed Adjournment of Annual General Meeting
Dated: 17 April 2012
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, 27(th) April 2012 at the Hotel Meyrick, Eyre
Square, Galway, Ireland to 2 p.m. on Thursday, 31(st) 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 2606126 Kibo Mining plc Chief Executive
Officer
Noel O'Keeffe +353 (0)91 865367 Kibo Mining plc Exploration Director
John Simpson +44 (0)207 016 Zeus Capital Limited Nominated Advisor
8912
Andreas Lianos +27 (0)83 4408365 River Group Designated Advisor
Nick Bealer +44 (0)207 7109612 Cornhill Capital Broker (Corporate
Ltd Broking)
Andrew Frangos +44 (0)207 7109610 Cornhill Capital Broker (Corporate
Ltd Finance)
Matt Beale +44 (0)7966 389 Fortbridge Consulting Public Relations
196 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 km(2) 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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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