Brief: Kibo Energy Says Kibo Subsidiary Announces Update Of Joint Venture Agreement

Kibo Energy

01/12/2023 07:43

Dec 1 (Reuters) - Kibo Energy PLC  KIBO.L :
    * KIBO SUBSIDIARY ANNOUNCES UPDATE OF JOINT VENTURE
AGREEMENT
    * FAILED TO MEET CONDITIONS TO COMPLETE TRANSACTION BY
CONTRACTUALLY AGREED COMPLETION LONG-STOP DATE OF 30 NOVEMBER
2023
    * MED HAS PROCEEDED WITH ADVANCED TALKS WITH AN ALTERNATIVE
INSTITUTIONAL INVESTOR TO SECURE NECESSARY FUNDING

Source text for Eikon:  ID:nJseA0017a 
Further company coverage:  KIBO.L 

 ((Reuters.Briefs@thomsonreuters.com;))