KEFI Gold and Copper Plc·Basic Materials
KEFI Gold and Copper Plc engages in the exploration and development of gold and copper deposits in the Arabian-Nubian Shield. The company primarily focuses on developing the Tulu Kapi Gold Project with a probable ore reserve of 1.05 million ounces and mineral resources totaling 1.7 million ounces located in Ethiopia. It also explores for precious and base metals, and other minerals. The company was formerly known as Kefi Minerals Plc and changed its name to KEFI Gold and Copper Plc in August 2020. KEFI Gold and Copper Plc was incorporated in 2006 and is headquartered in Nicosia, Cyprus.

KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF, FRA:KMSA) shares traded at 1.3p, down 7%, after it completed a £34 million placing priced at 1.2p a share, capping a fast-moving fundraise launched after market close on 19 March and pitched as the final equity piece needed to fully fund development of the Tulu Kapi gold project in Ethiopia. At the same time, it is The placing was described as oversubscribed, and involved existing and new investors.

KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF, FRA:KMSA) shares traded at 1.3p, down 7%, after it completed a £34 million placing priced at 1.2p a share,...