RE: Ya3 Jun 2020 16:38
I remember when KEFI announced the RNS below - it rocketed.
GLA SR
KEFI the gold exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, has received notice from its existing working capital providers to convert the remaining outstanding amount of GBP657,500 under the Loan Note issued on 5 August 2019 into new KEFI ordinary shares of 0.1p each at a price 0.68 pence per share. Accordingly, KEFI has today allotted and issued 102,182,408 new KEFI ordinary shares of 0.1p each ("New Ordinary Shares") to the loan facility provider and this is the final repayment of all amounts outstanding under the Loan Facility.