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The latest update is out from KEFI Minerals ( (GB:KEFI) ).
KEFI Gold and Copper plc has issued 38,352,272 new ordinary shares following the exercise of broker warrants by Jonathan Evans and Tavira Financial Ltd. This issuance will increase the company’s total share capital to 9,527,757,766 ordinary shares with voting rights, affecting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
More about KEFI Minerals
KEFI Gold and Copper plc is a company engaged in the exploration and development of gold and copper projects, primarily focusing on the Tulu Kapi project in Ethiopia and other exploration prospects in the Arabian-Nubian Shield. The company aims to generate cash flows from production at Tulu Kapi for capital repayments, further exploration, and dividends to shareholders.
Average Trading Volume: 79,890,331
Technical Sentiment Signal: Buy
Current Market Cap: £145.8M
For an in-depth examination of KEFI stock, go to TipRanks’ Overview page.