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Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - In July, Kibo received 28.7 million new shares in Mast Energy Developments PLC, to partially settle £1 million of the outstanding shareholder loan owed to Kibo’s subsidiary Kibo Mining Cyprus Ltd. Kibo has now sold 7.4 million of the shares for £239,514.
Kibo now holds a 58% interest in Mast Energy.
London current stock price: 0.13 pence
12-month change: down 36%
Current stock price in Johannesburg: R 0.03, down 25%
12-month change: down 63%
By Sophie Rose, Alliance News reporter
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