Business
Response to press reports
Response to press reports.
About this update from Kefi Gold And Copper Plc
[{"type":"text","content":"\n \n \n \n 27 June 2022\n \n \n \n \n KEFI Gold and Copper plc\n \n \n \n (\"KEFI\" or the \"Company\")\n \n \n \n Response to press reports\n \n \n \n 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, notes recent local press reports inaccurately referring to a loss of the Company's Tula Kapi licence. \n \n \n \n \n \n The Company received a Reminder of Deadline letter late on 24 June from the Minister of Mines referring to a new deadline of 30 June 2022 by which the Company is required to demonstrate the availability of project funding\n and to check compliance\n as regards the environment, duties and taxes, land rent, and exploration reports\n .\n \n \n \n \n \n The Company remains confident of its compliance with all regulatory requirements and also remains confident in its ability to achieve its plan as set out in its announcement dated 15 June 2022, including the signing of the Umbrella funding Agreement by the end of June 2022 which will demonstrate the full funding and any attaching remaining conditions.\n \n \n \n \n \n \n Market Abuse Regulation (MAR) Disclosure\n \n \n \n This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (\"MAR\"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.\n \n \n \n \n \n \n \n \n \n Enquiries\n \n \n \n \n \n \n \n \n KEFI Gold and Copper plc\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Harry Anagnostaras-Adams (Managing Director)\n \n \n \n \n +357 99457843\n \n \n \n \n \n \n John Leach (Finance Director)\n \n \n \n \n +357 99208130\n \n \n \n \n \n \n \n SP Angel Corporate Finance LLP (Nominated Adviser)\n \n \n \n \n \n +44 (0) 20 3470 0470\n \n \n \n \n \n \n Jeff Keating, Adam Cowl\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Tavira Securities Limited (Lead Broker)\n \n \n \n \n \n +44 (0) 20\n 7100 5100\n \n \n \n \n \n \n Oliver Stansfield, Jonathan Evans\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n WH Ireland Limited (Joint Broker)\n \n \n \n \n \n +44 (0) 20 7220 1666\n \n \n \n \n \n \n Katy Mitchell, Andrew de Andrade\n \n \n ...