MAST IPO valuation disconnect reveals hidden value in Corcel (LON: CRCL)

MAST IPO valuation disconnect reveals hidden value in Corcel The way the UK generates its power is changing rapidly at present. The shift from fossil fuel plants to a lower carbon generation model is creating huge opportunities for the supply of continuous uninterrupted supply of base load electricity as well as trading electricity and capturing […]

Kibo Energy #KIBO – Secures £1 Million Funding Facility

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 · […]

Kibo Energy #KIBO – Clarification Statement

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 […]

Kibo Energy #KIBO – Notice of Extraordinary General Meeting to Approve Reorganisation of the Company’s Share Capital

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 (https://kibo.energy/wp-content/uploads/Shareholder-Circular-Notice-of-EGM-08-June-2020.pdf). The EGM will be […]

Kibo Energy #KIBO – Increase of Land Title Area and New MoU signed at Benga Power Plant Project

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 […]

Kibo Energy #KIBO – Letter to Shareholders

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 […]

Kibo Energy #KIBO – Issue of Shares in lieu of payment to Service Providers & Contractors

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 […]