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KEFI Minerals ( (GB:KEFI) ) has provided an update.
KEFI Gold and Copper plc announced that all resolutions were passed at its General Meeting, allowing the company to move forward with the admission of new shares for trading on AIM. This marks a significant step as the company prepares for the full funding and launch of the Tulu Kapi Gold Project, with expectations of securing a US$240 million debt facility and project equity capital. The completion of project Early Works and the approval of government support signal readiness for major construction and community resettlement, positioning KEFI for growth and attracting notable international investors.
More about KEFI Minerals
KEFI Gold and Copper plc is a company focused on the exploration and development of gold and copper projects, primarily in the Arabian-Nubian Shield. It operates a range of projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia.
Average Trading Volume: 45,809,343
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £33.55M
Find detailed analytics on KEFI stock on TipRanks’ Stock Analysis page.
