Kibo Energy (KIBO) Raises £1,500,000 from Placing and £490,000 from Supplier and Creditors October 21, 2019 – Posted in: Kibo Energy (KIBO)

Further clarification with regard to the composition of the new ordinary shares to be issued has been provided which includes a combination of funding from investors and settlement of amounts owed to creditors. The placing amount has been corrected from GBP1,990,000 to GBP1,500,000, with the balance of new shares to be issued in relation to outstanding creditors of GBP490,000. Dated: 21 October 2019 Kibo Energy PLC (‘Kibo’ or the ‘Company’) Completed Placing Kibo Energy PLC,…