ENP Newswire - 02 July 2014
Release date- 01072014 - Kibo Mining plc (AIM: KIBO; JSE: KBO), the mineral exploration and development company focused on gold, nickel, coal and uranium projects in Tanzania is pleased to announce that its full audited 12 month financial results for the period ending 31 December 2013 are now available on its website and can be accessed on the following link Kibo Mining 2013 Annual Financial Statements.
The Company's Annual Report, which contains these financial statements and Notice of AGM, is in the process of being printed and will be mailed to shareholders on or before the 4th July 2014. The Company's 2014 AGM will take place at 11 a.m. on Wednesday30 July 2014 at the Conrad Hotel, Earlsfort Terrace, St Stephen's Green, Dublin 2, Ireland.
Notes to editors
Kibo was established in early 2008 to explore and develop mineral deposits in Tanzania. The Company was admitted to AIM in London on 27 April 2010 and the AltX in Johannesburg on 30 May 2011. The Company is developing the Rukwa mouth-of-mine thermal power station and controls one of Tanzania's largest mineral right portfolios, including the Haneti (nickel, PGE and gold), Morogoro (gold), Lake Victoria (gold), and Pinewood (coal & uranium) projects.
Its projects are located both in the established and gold prolific Lake Victoria Goldfields, the emerging goldfields of eastern Tanzania and the Mtwara Corridor in southern Tanzania where the Government has prioritised infrastructural development attracting significant recent investment in coal and uranium.
Kibo's objective is to build shareholder value sustainably. This will be achieved primarily through exploration of its own projects and leveraging the Company's experience in Tanzania to acquire exploration and development assets on competitive terms. The focus is on assets that can be moved swiftly up the value curve whilst benefitting from strategic relationships with industry leaders with special skills and competencies within their chosen fields. Updates on the Company's activities are regularly posted on its website www.kibomining.com
Chief Executive Officer
Kibo Mining plc
Tel: 27 (0)83 2606126