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An update from KEFI Minerals ( (GB:KEFI) ) is now available.
KEFI Gold and Copper plc has issued 18,750,000 new ordinary shares following the exercise of broker warrants by Tavira Financial Ltd at a price of 0.60 pence per share. This issuance will increase the company’s total issued share capital to 9,489,405,494 ordinary shares, impacting 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 projects 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: 70,018,749
Technical Sentiment Signal: Hold
Current Market Cap: £125.4M
For detailed information about KEFI stock, go to TipRanks’ Stock Analysis page.