REG - Kefi Gold and Copper - Placing and Issue of Shares

KEFI Gold and CopperAnnouncement

17/05/2022 12:00

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RNS Number : 7994L  Kefi Gold and Copper PLC  17 May 2022

17 May 2022

KEFI Gold and Copper plc

("KEFI" or the "Company")

Placing and Issue of Shares

 

KEFI Minerals (AIM: KEFI), the gold exploration and development company with
projects in the Democratic Republic of Ethiopia and the Kingdom of Saudi
Arabia, announces that at its General Meeting held earlier today, all
resolutions were duly passed. As a result, the Company will now proceed with
the allotment and issue of the Placing Shares and the Warrants, each as
detailed in the Company's announcement made on 27 April 2022.

A breakdown of the voting results for each resolution will shortly be
available on the Company's website.

Total Voting Rights

Following the passing of the resolutions at the GM today, application has been
made for admission of 450,000,000 new ordinary shares of the Company and it is
expected that Admission will take place and that trading will commence on AIM
at 8.00 a.m. on or around 18 May 2022. The Placing Shares will rank pari passu
in all respects with the existing ordinary shares of the Company.

Following Admission, the total issued share capital of the Company will
consist of 3,939,119,050 Ordinary Shares each with voting rights. The Company
does not hold any Ordinary Shares in treasury. Therefore, the total number of
voting rights in the Company will be 3,939,119,050 and this figure may be used
by shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change in
their interest in, the share capital of the Company under the FCA's Disclosure
Guidance and Transparency Rules

Enquiries

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

 

 

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