TIDMKEFI

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCLLLFFLKLLBBL

(END) Dow Jones Newswires

September 12, 2022 08:30 ET (12:30 GMT)

Kefi Gold And Copper (LSE:KEFI)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Kefi Gold And Copper Charts.
Kefi Gold And Copper (LSE:KEFI)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Kefi Gold And Copper Charts.