Episode 2346
2346: KEFI's Big £34m Raise
The Vox Markets Podcast · Vox Markets Podcast
March 23, 202613m 27s
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Show Notes
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KEFI Gold & Copper has just raised £34 million via a placing of shares at 1.2p. The money raised completes the funding required for construction of the Tulu Kapi gold mine in Ethiopia, where work is already underway. There was significant institutional interest in the raise, but retail investors can also get a look in via a separate £1m fundraising exercise that's taking place via RetailBook. KEFI's chairman Harry Anagnostaras-Adams joins Vox to tell us more.