KEFI Gold and Copper confirms backing for Tulu Kapi project financing
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KEFI Gold and Copper PLC has received full board approval from co-lending banks for the Tulu Kapi gold project in Ethiopia, pending final updates and documentation.
March 18, 2025 | 9:00 am
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KEFI Gold and Copper has secured full board approval from co-lending banks for the Tulu Kapi project, indicating progress in its financing efforts.
The approval from co-lending banks is a significant step in securing financing for the Tulu Kapi project, which is crucial for KEFI's operations and future growth. This news is likely to positively impact the stock price in the short term as it reduces uncertainty around project financing.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100