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Kibo Energy Delays 2024 Financial Statements Amid Acquisition Plans

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Kibo Energy Delays 2024 Financial Statements Amid Acquisition Plans

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Kibo Mining ( (GB:KIBO) ) has issued an update.

Kibo Energy PLC announced a delay in publishing its 2024 Financial Statements, initially expected by 30 June 2025, due to ongoing assessments of potential project acquisitions under a Reverse Takeover Transaction. The company plans to secure additional funding from Aria Capital Management Limited to facilitate the audit preparation and will keep the market updated on the progress of its acquisition initiatives and the revised publication date.

More about Kibo Mining

Kibo Energy PLC is a company incorporated in Ireland, focusing on the energy sector. It is listed on the JSE Limited and AIM, with a market focus on energy projects and potential acquisitions under a Reverse Takeover Transaction.

Technical Sentiment Signal: Buy

Current Market Cap: £956.5K

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

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