Proactive Investors - Run By Investors For Investors

£5.5mln fundraise sees KEFI Minerals fully funded for Tulu Kapi construction

Harry Adams, executive chairman of KEFI Minerals plc (LON:KEFI), tells Proactive's Andrew Scott they've raised £5.5mln through a placing and subscription to pay the costs of closing the financing deals at the project level for the construction of their Tulu Kapi Gold Project in Ethiopia.

Earlier this week KEFI raised US$30mln from the sale of a stake in its local Ethiopian subsidiary, to complete the funding requirements for the construction of the mine.

Meet Yellow Cake PLC, Avation PLC, Manolete Partners PLC and Crossword Cybersecurity Plc at our event, London , 05 September 2019. Register here »
View full KEFI profile View Profile

KEFI Minerals PLC Timeline

August 14 2018

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use