Aim-listed Kefi Minerals continues to progress talks with Ethiopian investors and international specialist mining financiers, with the aim of securing project equity ahead of closing the full financing package for the Tulu Kapi gold project, in Ethiopia, by October.

The company remains focused on achieving key targets set out in February, including to allow major site activities to start at the Tulu Kapi project and to deliver a maiden mineral resource estimate (MRE) for the Hawiah project, in Saudi Arabia, by August.

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