KEFI in Tulu Kapi Gold Project finance plan agreement

KEFI finalised the costings and finance plan by all the Tulu Kapi syndicate lead contractors, investors, and lenders for the updated US$320M Tulu Kapi Gold Project in Ethiopia.

The agreement is currently being processed for final reviews and entry into definitive documentation to be signed as soon as possible, with the expectation to achieve this next month.

It remains that financing is to be almost entirely at the project or subsidiary level and remains consistent with previous guidance. 

KEFI Gold and Copper plc (LON:KEFI) is an exploration and development company focussed on gold and copper deposits, primarily in the highly prospective Arabian-Nubian Shield.

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