Source - Alliance News

Kibo Energy PLC - group with energy projects in Africa and UK - Agrees with all remaining noteholders on a further extension of three months to the redemption date of convertible instrument. The redemption date is now September 30, including notes in aggregate of £657,985.

Kibo Energy is settling outstanding fees owing to directors and management by the issue of a 7% convertible loan note redeemable instrument.

London stock price: 0.09 pence, down 6.5% on Monday

12-month change: down 62%

Johannesburg stock price: R 0.05

12-month change: down 55%

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