Kibo Mining (GB:KIBO) has released an update.
Kibo Energy PLC has announced that its subsidiary Mast Energy Developments PLC has issued a TR-1 notification of major shareholdings after selling shares to reduce its bridge loan facility with RiverFort Global Opportunities. The transaction involved the sale of MED shares for £22,250, helping to lower the company’s debt. The notification indicates a change in the company’s voting rights, with Kibo Mining (Cyprus) Limited now holding 31.54% of the voting rights.
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