Kilimanjaro Suspends Somalia Program Amid Security Concerns



Marketwired Kilimanjaro Capital Ltd.

BELIZE CITY, BELIZE–(Marketwired -) – The directors and management of Kilimanjaro Capital (OTC PINK:KIMJF) have announced that due to deteriorating security conditions in Somalia it has suspended all its operations in the region. Kilimanjaro hopes in the near future to re-visit opportunities in Somalia once the security situation has greatly improved.

Due to Kilimanjaro no longer having a relationship with the GXG Markets, the exchange imposed restriction prohibiting discussion of its future contingent assets (FCA’s) no longer applies. Kilimanjaro is excited about shifting its focus back on its assets mentioned in the Competent Persons Report by Nebu Consulting LLC, which states that the combined value of the company’s FCA’s is no less than $150 million.