IN BRIEF: Kefi Gold secures USD340 million for Tulu Kapi in Ethiopia
Kefi Gold & Copper PLC - gold and copper exploration and development in Ethiopia and Saudi Arabia - Raises GBP774,245 before expenses from its retail share offer, just short of its GBP1 million goal. Kefi will issue 59.6 million new shares at 1.3 pence each under the retail offer. As a result, Kefi expects to raise GBP6.9 million in total from its share placing and retail offer. A further GBP8.9 million in liabilities have been settled from a share subscription at the same price. Read More