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Spread: 0.026 (2.544%)
Market Cap: £143.10m
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Investor Briefing

24 Jun 2013 07:00

KEFI MINERALS PLC - Investor Briefing

KEFI MINERALS PLC - Investor Briefing

PR Newswire

London, June 23

24 June 2013 KEFI Minerals plc Investor Presentation KEFI Minerals plc ("KEFI Minerals" or the "Company"), the AIM-quoted gold andcopper exploration company with projects in the Kingdom of Saudi Arabia, ispleased to announce that an investor briefing will be held at 10.30am onWednesday 26 June 2013 at the offices of Bishopsgate Communications, 3rd Floor,3 London Wall Building, London Wall, London, EC2M 5SY. The presentation willimmediately follow the completion of the Company's AGM which takes place at10.00am that morning. The presentation will be given by Managing Director Jeff Rayner and willinclude a Q&A with him as well as with fellow Directors Ian Plimer (DeputyChairman) and Harry Anagnostaras-Adams (Chairman). The main focus will be onpotential development scenarios for the recently announced gold discovery atthe Jibal Qutman exploration project. Managing Director Jeff Rayner commented: "We are very excited about the continued developments of our prospects. Therapid progress we are making - both in discovering new prospects and havingestablished a maiden JORC compliant resource, underpins our plans for continuedgrowth as we work closely with our partner ARTAR." KEFI Minerals' Strategic Plan in the Kingdom of Saudi Arabia İn 2009, KEFI formed the Gold and Minerals Joint Venture ("G&M") in SaudiArabia with local Saudi partner Abdul Rahman Saad Al-Rashid & Sons CompanyLimited ("ARTAR"), to explore for gold and associated metals in the ArabianShield. To date, the G&M has conducted preliminary regional reconnaissance andlodged 23 Exploration Licence Applications (ELAs), of which 4 have beengranted. The ELAs were initially applied for and granted to ARTAR. Incorporation of G&Mhas been completed and any granted Licences will be transferred into G&M in duecourse. The Kingdom of Saudi Arabia has instituted policies to encourage mineralsexploration and development and KEFI Minerals supports this priority by servingas the technical partner within G&M. ARTAR also serves this Government policyas the major partner in G&M, which is one of the early movers in the modernresurgence of the Kingdom's minerals sector. Enquiries KEFI Minerals plc. +90 533 928 19 13Jeffrey Rayner Fox-Davies Capital +44 203 463 5028Susan Walker Bishopsgate Communications +44 207 562 3366Nick Rome
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