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KEFI Minerals ( (GB:KEFI) ) has shared an announcement.
KEFI Gold and Copper has completed its RetailBook offer, raising £774,245.63 before expenses through the issue of 59,557,356 new ordinary shares at 1.3 pence each, as part of a wider fundraising. Combined with an institutional placing and a subscription to settle outstanding obligations, the overall fundraise is expected to generate about £6.9 million in new cash and extinguish approximately £8.9 million of liabilities, strengthening the company’s balance sheet ahead of project development. Following admission of the new and retail offer shares to trading on AIM, scheduled for around 30 December 2025, KEFI’s issued share capital will rise to 10,741,161,265 ordinary shares, increasing the free float and recalibrating voting rights for existing and new shareholders under UK disclosure rules.
More about KEFI Minerals
KEFI Gold and Copper plc is a gold and copper exploration and development company focused on projects in Ethiopia and Saudi Arabia, targeting precious and base metal deposits in emerging mining jurisdictions and listed on London’s AIM market.
Average Trading Volume: 75,749,420
Technical Sentiment Signal: Buy
Current Market Cap: £137.2M
For an in-depth examination of KEFI stock, go to TipRanks’ Overview page.