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KEFI Gold and Copper firm and conditional placing to raise £8 million

Investegate |Kefi Gold and Copper Announcements | Kefi Gold and Copper: Q1 2021 Operational Update

( KEFI or the Company ) Q1 2021 Operational Update KEFI (AIM: KEFI), the gold exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, is pleased to provide its latest quarterly operational update. This update encompasses the activities of KEFI Minerals (Ethiopia) Ltd ( KME ) and Tulu Kapi Gold Mines Share Company ( TKGM ) in Ethiopia, and Gold & Minerals Ltd ( G&M ) in Saudi Arabia for the period from 1 January 2021 to 31 March 2021 ( Q1 ), together with more recent developments where appropriate. In Ethiopia   The Tulu Kapi Gold Project (the Project or Tulu Kapi ) remains on track overall, in line with previous guidance with the financial closing program having commenced and remaining in progress. Notably, the project finance consortium remains focused on:

KEFI Gold and Copper outlines key steps for H1 2021 - DirectorsTalk Interviews

KEFI Gold and Copper outlines key steps for H1 2021 7:08 am KEFI Gold and Copper plc (LON:KEFI), the gold and copper exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, has announced that at today’s General Meeting of the Company, Executive Chairman Harry Anagnostaras-Adams will make the following statement: “Since our AGM in August this year, KEFI has maintained an aggressive yet carefully risk-managed approach to maintain momentum. In Ethiopia we remain set to commence development of our Tulu Kapi Gold Project early in the New Year, with production starting in late 2022; and in Saudi Arabia we remain on track to expand the maiden JORC resource at our copper-gold discovery, Hawiah.

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