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The latest announcement is out from KEFI Minerals ( (GB:KEFI) ).
KEFI Gold and Copper plc has issued 68,796,818 new ordinary shares following the exercise of broker warrants, with an exercise price of 0.55 pence per share. This issuance will increase the company’s total issued share capital to 9,431,369,780 ordinary shares, which may impact shareholder notifications 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 initiatives 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: 53,986,504
Technical Sentiment Signal: Buy
Current Market Cap: £101.1M
For detailed information about KEFI stock, go to TipRanks’ Stock Analysis page.