Todays Sens KIBO5 Oct 2023 07:25
Louis Coetzee, CEO of Kibo Energy, says: "We are pleased to announce the Partial Settlement of the MED Loan, which has been agreed on favourable terms to both Kibo and MED whilst minimizing shareholder dilution in MED. The favourable settlement terms with the extended pricing period not only highlights Kibo's ongoing support of MED but also illustrates its ο¬rm belief in MED's future success and anticipated conclusion of its previously announced joint venture. We are committed to continuing to support MED and Kibo's other investments."