Aim-listed KEFI Gold and Copper is pursuing a dual listing of its shares in Saudi Arabia.
The Saudi Exchange is currently the eleventh-largest stock exchange globally, with 223 listed companies and a market capitalisation of $2.63-trillion.
Kefi says the Saudi Arabian government’s drive to expand the domestic mining and metals sectors has led to heightened interest from both domestic and regional investors looking for suitable Saudi-focused companies to invest in.
London-listed company KEFI Gold and Copper plc (LON:KEFI) is an exploration and development company focused on gold and copper deposits in the highly prospective Arabian-Nubian Shield. The Company operates in Ethiopia and Saudi Arabia with projects including Tulu Kapi project, Jibal Qutman EL and Hawiah.