Kibo Energy: Accounts delayed, publication expected by June 2025

Kibo Energy PLC announced that its 2024 financial statements are unlikely to be published by the AIM-required date of June 30, 2025. The delay is attributed to the company's advanced stage of assessing potential acquisition projects under a Reverse Takeover Transaction (RTO). Following an agreed project acquisition, Kibo intends to access further funds under its loan facility with Aria Capital Management Limited to enable audit preparation for the 2024 accounts. The company has assured that it will keep the market updated on the progress of its acquisition initiatives and any further updates to the estimated publication date of its 2024 Accounts.