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Pin to quick picksKefi Gold Share News (KEFI)

Share Price Information for Kefi Gold (KEFI)

London Stock Exchange
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Share Price: 0.71
Bid: 0.712
Ask: 0.736
Change: 0.03 (4.41%)
Spread: 0.024 (3.371%)
Open: 0.70
High: 0.732
Low: 0.67
Prev. Close: 0.68
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IN BRIEF: Kefi Gold & Copper says Tulu Kapi project conditions met

Mon, 19th Jun 2023 15:18

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.

Chair Harry Anagnostaras-Adams says: "Today's announced progress with the Ethiopian central bank is the third significant breakthrough in as many months. This set of supportive government initiatives clears the way for the launch of Tulu Kapi and reinforces the recent turnaround of the working environment in Ethiopia. Kefi has assembled a first-class international project finance syndicate which is now focused on final definitive documentation for this USD390 million transaction."

Current stock price: 0.62 pence, up 1.7% in London on Monday afternoon

12-month change: down 5.9%

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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Kefi Gold announces significant discovery in Saudi Arabia

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19 Feb 2024 11:02

Kefi Gold & Copper up after further discovery by Hawiah joint venture

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13 Feb 2024 14:20

Kefi reports progress on Tulu Kapi Gold Project

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Kefi Gold & Copper shares up as Tulu Kapi prepares for launch

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24 Jan 2024 14:15

IN BRIEF: Kefi says Tuly Kapi project progressing towards launch

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