REG - Kefi Gold and Copper - Grant of Share Options to an Adviser

KEFI Gold and CopperAnnouncement

12/09/2023 18:00

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RNS Number : 2225M  Kefi Gold and Copper PLC  12 September 2023

12 September 2023

KEFI Gold and Copper plc

("KEFI" or the "Company")

Grant of Share Options to an Adviser

KEFI Gold and Copper Plc (AIM: KEFI) announces that following the appointment
of 3PPB LLC ("3PPB") as the Company's non-UK investor relations adviser on 1
July 2023, 3PPB has today been issued options to acquire 8,000,000 new
ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares")
at an exercise price of 0.6 pence per Ordinary Share (the "Options").  The
exercise price is at a small premium to the prevailing market price of the
Ordinary Shares on the date of 3PPB's appointment.

 

The Options have a term of seven years and shall vest at the earlier of the
Company's Tulu Kapi Gold Project closing its project financing or six months
from the date of 3PPB's appointment.  If the Company's contract with 3PPB is
not renewed or extended beyond its initial six month term, the Options will
remain exercisable for 12 months from the end date of 3PPB's engagement with
the Company.

 

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

 IFC Advisory Ltd (Financial PR and IR)              +44 (0) 20 3934 6630
 Tim Metcalfe, Florence Chandler

 3PPB LLC International (Non-UK IR)
 Patrick Chidley                                     +1 (917) 991 7701
 Paul Durham                                         +1 (203) 940 2538

 

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