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Kibo Energy Advances in Project Acquisition, Trading Suspended on AIM

Story Highlights

Kibo Mining ( (GB:KIBO) ) just unveiled an announcement.

Kibo Energy PLC has announced it is at an advanced stage in assessing potential projects for acquisition under a Reverse Takeover Transaction. As a result, trading of its shares on AIM will be suspended, while trading on the JSE will continue. The company will provide updates on the progress of its acquisition discussions, which could significantly impact its operations and market positioning.

More about Kibo Mining

Kibo Energy PLC is an energy company incorporated in Ireland, focusing on the acquisition and development of energy projects. It is listed on the JSE Limited and AIM, with a market focus on energy project acquisitions.

Technical Sentiment Signal: Buy

Current Market Cap: £956.5K

See more insights into KIBO stock on TipRanks’ Stock Analysis page.

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