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IN BRIEF: Kefi Gold & Copper raises GBP244,000 in retail share offer

31st May 2023 12:16

Kefi Gold & Copper PLC - gold exploration and development in Ethiopia and Saudi Arabia - Raises GBP243,741 via a retail share offer, with orders for 34.8 million shares at a placing price of 0.7 pence each. In total, wider capital raise now expected to total GBP6.4 million, including GBP5.5 million share placing and GBP700,000 subscription at same price.

Current stock price: 0.67 pence, down 20%

12-month change: down 8.6%

By Greg Rosenvinge, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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Kefi Gold & Copper
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Change53.53