01273 704473

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01273 704473

info@novuscomms.com

Kibo Energy #KIBO – Secures £1 Million Funding Facility June 25, 2020 – Posted in: Kibo Energy (KIBO), Uncategorized

Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to provide a corporate and operational update and to announce that it has signed a binding term sheet with an investment consortium consisting of several high net worth entities and individuals, including two of the Company’s largest shareholders, for up to £1,000,000. OVERVIEW · £1 million term sheet signed to continue development of diverse energy project portfolio comprising 1255 MW generation capacity approaching commercialisation…

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Kibo Energy PLC – Results of EGM June 8, 2020 – Posted in: Kibo Energy (KIBO)

Monday 8th June, 2020 Results of EGM and the Company’s Proposed Share Capital Reorganisation Kibo Energy PLC (AIM: KIBO; AltX:KBO), the multi-asset, Africa-focused, energy company, announces the results of voting at an Extraordinary General Meeting (“EGM”) held today. Proxies were received by shareholders holding 46.55% of the shares in Kibo (1,272,272,188 shares issued and outstanding). The proxy voting details at the EGM are shown on the table below: – Resolu- tion # Summary Resolution Votes For & Discretion Votes Against Votes Withheld Number % Number % Number % 1. To subdivide the issued…

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Kibo Energy #KIBO – Clarification Statement May 20, 2020 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC (‘Kibo’ or the ‘Company’) Clarification Statement Kibo Energy PLC (‘Kibo’ or the ‘Company’), the multi-asset, Africa focused, energy company, provides the following clarification statement regarding certain details announced in the RNS of 15 May 2020. On careful assessment of all relevant facts concerning the vested interest of all key stakeholders, the Company confirms  that it will be guided by the following criteria when making formal share conversion offers to individual members of…

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Kibo Energy #KIBO – Binding Term Sheet to Supply 200MW Energy to Baobab Resources in Mozambique May 18, 2020 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC (‘Kibo’ or the ‘Company’), the multi-asset, Africa focused, energy company is pleased to announce that it has signed a binding term sheet (the ‘Agreement’) with Baobab Resources Ltd (‘Baobab’) to supply c. 200MW energy to its Tete Steel and Vanadium Project (‘TSV Project’) in Mozambique.   Highlights · Baobab to exclusively deal and negotiate with Kibo regarding entering into a Power Purchase Agreement (‘PPA’) to supply c. 200MW energy to its TSV…

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Kibo Energy #KIBO – Notice of Extraordinary General Meeting to Approve Reorganisation of the Company’s Share Capital May 17, 2020 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC (“Kibo” or the “Company”), the multi-asset, Africa focused energy company, announce that a shareholder circular (the “Circular”) containing details of a proposed share capital reorganisation and including a Notice of Extraordinary General Meeting (“EGM”) & Sample Proxy Form (“Notice of EGM”) is now available on its website (http://kibo.energy/wp-content/uploads/Shareholder-Circular-Notice-of-EGM-08-June-2020.pdf). The EGM will be held at 11 a.m. on Monday 08 June 2020 at the Company’s registered office at 27 Pembroke Street Upper, Dublin…

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Kibo Energy #KIBO – Increase of Land Title Area and New MoU signed at Benga Power Plant Project May 11, 2020 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC (‘Kibo’ or the ‘Company’), the multi-asset, Africa focused, energy company is pleased to announce that it has successfully acquired additional land contiguous to the Benga Power Plant Project (‘Benga’ or ‘the Project’) in the Tete province of Mozambique, increasing the total project area with an additional 345 hectares. Alongside hosting a 150-300MW thermal power plant, which is being developed as part of a joint-venture agreement with local energy company Termoeléctrica de Benga…

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Kibo Energy #KIBO – Letter to Shareholders April 8, 2020 – Posted in: Kibo Energy (KIBO)

Dear Shareholder, As mentioned in the RNS dated 24 March, we continue to work with all our stakeholders, albeit remotely, during this unprecedented time to advance our portfolio of assets.  However, the global fight against COVID-19 is undoubtably creating a changing landscape and the lasting implications of this are as yet unknown. Certainly, the need to achieve universal electricity access has not changed and is essential; it is arguably more critical now than ever before…

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Kibo Energy #KIBO – Issue of Shares in lieu of payment to Service Providers & Contractors March 30, 2020 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC (“Kibo” or the “Company”), the multi-asset, Africa focused, energy company announces the issue of 6,996,110 Ordinary Shares of €0.001 in the capital of the Company in payment of various service invoices to certain providers of professional and technical consulting services (“Contractor Shares”), as well as a further and final payment of 8,000,000 shares to be made to Bordersley’s original MED vendors (see RNS dated 26 June 2019) (collectively hereinafter the “Shares”). Details…

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