Kibo Energy #KIBO – Change of Auditors March 4, 2020 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC, the multi-asset, Africa focused, energy company, announces that it has appointed Crowe Ireland as its new statutory external auditors of the Company with immediate effect. Crowe Ireland is replacing Crowe UK LLP (“Crowe UK”) who has served as company auditors since 2018. Crowe Ireland and Crowe UK are both member firms of the Crowe International network of firms. Crowe UK resigned as the statutory external auditor of the Company following the exit of…

Kibo Energy #KIBO – Letter to Shareholders February 4, 2020 – Posted in: Kibo Energy (KIBO)

Letter to Shareholders Dear Shareholder, Since 2018, we have worked hard to reposition the business as an energy company and to this end we have built a solid portfolio of four major projects. However, as this portfolio has evolved and new technologies have advanced, so too has our strategy. I have touched on this several times in past correspondence, but increasingly, we have recognised the importance of sustainability to create positive environmental and social impacts. …

Kibo Energy #KIBO – Update re Katoro Gold plc January 30, 2020 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to note the announcement released by Katoro Gold plc (‘Katoro’) in which it holds a 54.58% interest. This is in regard to Katoro’s participation in a strategic gold production opportunity in South Africa, focused on the reprocessing of an existing 1.34 million ounce of gold JORC compliant tailings resource. The full announcement can be found at Katoro’s website: https://katorogold.com/investors/regulatory-news/. **ENDS** For further information please visit www.kibo.energy or…

Kibo Energy #KIBO – African Union to Roll-Out Continent-Wide Electricity Market Masterplan December 23, 2019 – Posted in: Kibo Energy (KIBO)

Kibo Mining plc (AIM: KIBO; AltX: KBO), the multi-asset Tanzania focused energy and resource company, notes recent press comment confirming that the African Union is to roll-out a continent-wide electricity market masterplan (‘the Masterplan’). See below extracts from the commentary. The African Development Bank (‘the Bank’) and the African Union Development Agency (‘AUDA-NEPAD’) have agreed to jointly develop a blueprint for a pan-continental electricity network and market. The agreement to set up a Continental Power…

Kibo Energy #KIBO – Shareholder Q&A Document December 18, 2019 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to release this Q&A to publicly answer questions it has received from shareholders over recent months. Can you provide an overview of Kibo’s strategy? The rationale behind Kibo’s strategy is that 620 million people in Sub-Saharan Africa currently rely on firewood, kerosene and charcoal for energy needs with the associated adverse environmental impact of using these fuel sources. With this in mind,…

Alan Green talks Cadence Minerals #KDNC, Open Orphan #ORPH, Bidstack #BIDS and Kibo Energy #KIBO on the Vox Markets podcast December 13, 2019 – Posted in: Kibo Energy (KIBO), Open Orphan (ORPH)

I discuss the investment proposition for Cadence Minerals #KDNC, Open Orphan #ORPH following the hVIVO #HVO all share merger, Bidstack #BIDS and Kibo Energy #KIBO. The interview is 21 minutes in.

Kibo Energy #KIBO – MAST Energy Developments agreement with Balance Power Projects to build pipeline of reserve power plant sites – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to announce an update on its 60% owned subsidiary, MAST Energy Developments Limited (‘MED’), a private UK registered company targeting the development and operation of flexible power plants to service the UK reserve power generation market. Overview · Agreement with Balance Power Projects Development Ltd to build pipeline of shovel ready reserve power plant sites · MED on track to roll-out an initial portfolio of 100…

Kibo Energy #KIBO – Good progress towards de-risking Bordersley, which remains on target for commercial commissioning end Q1 2020 December 10, 2019 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to announce a further update with regards to its wholly owned subsidiary, Bordersley Power Ltd (‘Bordersley’), which is developing a 5 MW gas-fuelled power generation plant in the UK in cooperation with the Company’s 60% owned subsidiary, and manager and operator of Bordersley, MAST Energy Developments Limited (‘MED’). Overview · Good progress towards de-risking 5 MW gas-fuelled power generation plant, Bordersley, which remains on target…

Kibo Energy #KIBO – Update re Reorganisation of Botswana Interests December 6, 2019 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to announce an update regarding its agreement with Shumba Energy Ltd (‘Shumba’) that significantly repositions its interests in Botswana, namely the Mabesekwa Coal Independent Power Project (“MCIPP”) and associated coal asset (see announcement dated 25 September 2019). Overview · Signed first of a series of agreements to implement the Heads of Agreement (‘HoA’) with Shumba to reorganise the arrangements for the MCIPP and its associated…

Kibo Energy (KIBO) New Corporate Presentation December 2, 2019 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to announce that it has prepared a new corporate presentation which can be viewed on Kibo’s website via the following link: http://kibo.energy/wp-content/uploads/Q4-2019-Kibo-presentation_V3.0_Final.pdf