31st May 2016 10:06
LONDON (Alliance News) - Kibo Mining PLC on Tuesday said it has issued 433,835 shares to service providers in settlement of invoices.
321,457 of the settlement shares were issued at 3.733 pence each to RFC Ambrian for corporate advisory fees totalling GBP12,000. The remaining 112,378 settlement shares were issued at 4.5p each for project management services to a service provider in Tanzania totalling GBP5,057.
Shares in Kibo Mining were trading down 3.8% at 4.45p on Tuesday morning.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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