Executive Summary
KEFI Minerals plc is an early stage gold and copper exploration company. KEFI Minerals plc, and its subsidiaries (the \Group\) hold exploration licences in Turkey and Bulgaria and own a database containing information about further prospective sites in Turkey. In addition, the Group benefits from an ongoing relationship with its original parent company, EMED Mining Public Limited. In Turkey, the Group has two projects. It holds fifteen exploration licences in one project covering an approximate area of 253 square kilometres on predominantly state forestry land in the Artvin province of north-eastern Turkey. It also holds four exploration licences in the second project, covering an approximate area of 68 square kilometres on predominantly farming land in the Gumushane province of eastern Turkey. In Bulgaria, the Group has one project area comprising one exploration licence covering an approximate area of 71 square kilometres on predominantly state forestry land, farming land and rural villages, which is located approximately 150 kilometres south of Sofia. The Group also holds the rights to a proprietary database which contains information about approximately 100 further prospective sites in Turkey.
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