Result of General Meeting & Completion of Placing

RNS Number : 6121I

KEFI Minerals plc

10 December 2015

 

10 December 2015

KEFI Minerals plc

("KEFI" or the "Company")

Result of General Meeting and Completion of Placing

KEFI Minerals (AIM: KEFI), the gold exploration and development company with projects in the Kingdom of Saudi Arabia and the Federal Democratic Republic of Ethiopia, is pleased to announce that, further to the equity placing announcement of 24 November 2015, all of the resolutions proposed at the Company's General Meeting held at 3.00 p.m. AEDT today were duly passed. Admission to trading on AIM of the 877,191,422 new ordinary shares of the Company ("Ordinary Shares") to be issued pursuant to the equity placing is expected to commence at 8.00 a.m. GMT on 11 December 2015 ("Admission"), raising £2.63 million in gross proceeds for the Company.

Total Voting Rights

Following Admission, the total issued share capital of the Company will consist of 2,621,638,902 Ordinary Shares each with voting rights. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company is 2,621,638,902 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

ENQUIRIES

KEFI Minerals plc
Harry Anagnostaras-Adams (Executive Chairman)	[phone]
SP Angel Corporate Finance LLP (Nominated Adviser)
Ewan Leggat	[phone]
Brandon Hill Capital Ltd (Joint Broker)
Oliver Stansfield, Alex Walker, Jonathan Evans	[phone]
Beaufort Securities Ltd (Joint Broker)
Elliot Hance	[phone]
Luther Pendragon Ltd (Financial PR)
Harry Chathli, Claire Norbury, Oliver Hibberd	[phone]

Further information can be viewed on KEFI's website at www.kefi-minerals.com 

 

END

 

 

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