Great Basin Gold Ltd. (fka GBGLF)

[nagoya1]

Kibo Mining plc (“Kibo Mining”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development company, would like to draw shareholdersÕ attention to the announcement released by Opera Investments plc (“pera”) at 8am today regarding the proposed transaction by Opera to acquire the Imweru
and Lubando Gold Projects (the “Assets”) from Kibo Mining (“the Proposed Transaction”). Opera has conditionally agreed to acquire Kibo Gold Limited (ÒKibo GoldÓ), through which the Imweru and Lubando gold projects in Tanzania are held, from Kibo Mining for a total consideration of £3.66 million (the “Acquisition”).

Great job once again former GBG mgmt,....NOT