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KEFI Gold and Copper plc (LSE:KEFI) | RNS | Kefi Gold and Copper - Modification to Executive Bonus Plan


( KEFI or the Company )
 
KEFI (AIM: KEFI), the gold and copper exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the
Kingdom of Saudi Arabia, announces that following the announcement made on
7 June 2021 detailing, inter alia, cash bonuses to be paid to the Company s Executive Chairman
Harry Anagnostaras-Adams, on the achievement of defined and specific milestones in relation to the Company s Tulu Kapi project, the Directors have received feedback from certain shareholders that they wish to see the payment of the bonuses more explicitly aligned to the achievement of shareholder value.
 
Mark Tyler (Chairman),
Norman Ling and ....

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Investegate |Kefi Gold and Copper Announcements | Kefi Gold and Copper: Q1 2021 Operational Update


( KEFI or the Company )
Q1 2021 Operational Update
KEFI (AIM: KEFI), the gold exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, is pleased to provide its latest quarterly operational update.
This update encompasses the activities of KEFI Minerals (Ethiopia) Ltd ( KME ) and Tulu Kapi Gold Mines Share Company ( TKGM ) in Ethiopia, and Gold & Minerals Ltd ( G&M ) in Saudi Arabia for the period from 1 January 2021 to 31 March 2021 ( Q1 ), together with more recent developments where appropriate.
In Ethiopia
 
The Tulu Kapi Gold Project
(the Project or Tulu Kapi ) remains on track overall, in line with previous guidance with the financial closing program having commenced and remaining in progress. Notably, the project finance consortium remains focused on: ....

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