REG - Kefi Gold and Copper - Call for Ceasefire in Ethiopia by Rebel Group

KEFI Gold and CopperAnnouncement

12/09/2022 13:30

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RNS Number : 1438Z  Kefi Gold and Copper PLC  12 September 2022

12 September 2022

KEFI Gold and Copper plc

("KEFI" or the "Company")

Call for Permanent Ceasefire in Ethiopia by Rebel Group

KEFI (AIM: KEFI), the gold and copper exploration and development company with
projects in the Federal Democratic Republic of Ethiopia and the Kingdom of
Saudi Arabia, is pleased to note a widely publicised request for a permanent
ceasefire by the Tigrayan rebel leadership in Ethiopia.

The communique on 11 September 2022 seeks mediation by the African Union and
participation in the national reconciliation process already being arranged by
the Federal Government of Ethiopia.  KEFI views this development as positive
for the country and as well as for the Company's Tulu Kapi Gold Project, which
is currently clearing the last regulatory processes required ahead of the
expected signing of binding project financing documentation at the end of
October 2022, enabling project launch to proceed and release of funds as
standard conditions precedent are met.

 

Enquiries

 KEFI Gold and Copper plc
 Harry Anagnostaras-Adams (Managing Director)        +357 99457843
 John Leach (Finance Director)                       +357 99208130
 SP Angel Corporate Finance LLP (Nominated Adviser)  +44 (0) 20 3470 0470
 Jeff Keating, Adam Cowl
 Tavira Securities Limited (Lead Broker)             +44 (0) 20 7100 5100
 Oliver Stansfield, Jonathan Evans
 WH Ireland Limited (Joint Broker)                   +44 (0) 20 7220 1666
 Katy Mitchell, Andrew de Andrade
 IFC Advisory Ltd (Financial PR and IR)              +44 (0) 20 3934 6630
 Tim Metcalfe, Florence Chandler

 

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