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Kibo Energy Resumes AIM Trading with New Share Allotment
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Kibo Energy Resumes AIM Trading with New Share Allotment

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Kibo Mining ( (GB:KIBO) ) has shared an announcement.

Kibo Energy PLC announced the application for the admission of 10,354,250,000 new shares to AIM, marking the resumption of its trading on the platform. The allotment involves shares issued to significant stakeholders, including Peter Williams, and upon admission, the company’s total issued share capital will consist of 14,715,197,764 ordinary shares. This move is expected to impact the company’s market positioning by enhancing its capital structure and providing liquidity for future ventures.

More about Kibo Mining

Kibo Energy PLC is a renewable energy-focused development company, incorporated in Ireland and publicly traded on both the AIM and JSE Limited. The company is involved in issuing and allotting shares, with a particular focus on energy solutions in the renewable sector.

YTD Price Performance: 0%

Average Trading Volume: 1,655,914

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.47M

See more data about KIBO stock on TipRanks’ Stock Analysis page.

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