Kefi Gold Share News (KEFI)

Kefi Gold & Copper notes Ethiopia directive on Talu Kapi gold project

(Alliance News) - Kefi Gold & Copper PLC on Tuesday said the National Bank of Ethiopia have published a new directive which satisfies the request made to ensure conformity with the specific detail of its Tulu Kapi gold project in western Ethiopia.

TRADING UPDATES: URA orders Gravelotte parts; Kefi sustains progress

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Kefi Gold makes progress across Saudi Arabia projects

(Sharecast News) - Kefi Gold and Copper updated the market on its recent activities in Saudi Arabia on Wednesday, including details on its minority-owned Gold & Minerals (GMCO), as well as various exploration sites at Jibal Qutman, Hawiah, Al Godeyer, and Abu Salal.

TRADING UPDATES: Literacy Capital nets profit on Butternut Box sale

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Kefi Gold & Copper hopes to launch Tulu Kapi project on schedule

(Alliance News) - Kefi Gold & Copper PLC on Wednesday said it expects to be able to go ahead with the launch of its Tulu Kapi project despite violence in Ethiopia.

IN BRIEF: Kefi Gold & Copper notes state of emergency in Amhara

Kefi Gold & Copper PLC - Ethiopia-focused gold and copper company - Notes Ethiopian government's state of emergency in the Amhara region. Says Tulu Kapi gold project is approximately 700 kilometres away from the conflict area, but has had red zone protocols implemented for "some time" despite the project area being considered low risk. Adds it remains on track for the launch of the Tulu Kapi project, with procurement and construction commencement set to start in the final quarter of 2023.

TRADING UPDATES: Kefi confident; Aseana Properties sells assets

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

TRADING UPDATES: Lansdowne Oil & Gas seeks talks over Barryroe dispute

(Alliance News) - The following is a round-up of updates by London-listed companies, issued Wednesday and not separately reported by Alliance News:

UK shareholder meetings calendar - next 7 days

IN BRIEF: Kefi Gold & Copper says Tulu Kapi project conditions met

Kefi Gold & Copper PLC - Ethiopia-focused gold and copper company - Says that all outstanding financing conditions requiring Ethiopian government input regarding the Tulu Kapi gold project have now been met. Says this enables Tulu Kapi individual syndicate members to proceed to final committee and board reviews and approvals for the USD390 million project finance package.

Kefi meets all government financing conditions for Tulu Kapi

(Sharecast News) - Kefi Gold and Copper updated the market on the Tulu Kapi Gold Project in Ethiopia on Monday, announcing that all outstanding major financing conditions precedent requiring Ethiopian government input had been met.

IN BRIEF: Kefi Gold & Copper widens loss; notes more positive backdrop

Kefi Gold & Copper PLC - Ethiopia and Saudi Arabia-focused gold and copper explorer and developer - Posts a pretax loss of GBP6.4 million in 2022, widening from GBP4.9 million in 2021. Widened loss comes as company records a GBP2.8 million loss from a jointly controlled entity, compared to no such loss the year prior. Records no revenue, unchanged from a year prior. Notes that working environment in Ethiopia and Saudi Arabia "transformed for the better" during the year. "We now enjoy highly supportive mine-regulatory working environments in both countries which are also prioritising projects like ours across all the relevant Government agencies. Given that we have three advancing potential development projects in these jurisdictions, the company is now in a much better risk/return position than it has ever been," the company says.

IN BRIEF: Kefi Gold & Copper raises GBP244,000 in retail share offer

Kefi Gold & Copper PLC - gold exploration and development in Ethiopia and Saudi Arabia - Raises GBP243,741 via a retail share offer, with orders for 34.8 million shares at a placing price of 0.7 pence each. In total, wider capital raise now expected to total GBP6.4 million, including GBP5.5 million share placing and GBP700,000 subscription at same price.

TRADING UPDATES: Redx confirms Jounce deal lapses, Tirupati seals deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Kefi Gold makes significant progress in Ethiopia, Saudi Arabia

(Sharecast News) - Gold and copper explorer and developer Kefi reported significant progress in Saudi Arabia in an update on Wednesday, as well as the agreeing in-principle of the Tulu Kapi Gold finance package of $390m.