Gold Investing News » KEFI Minerals surged 450,000 in Placing

KEFI Minerals surged 450,000 in Placing

June 15, 2009 @ 12:11 am In Gold Company News

Gold and copper explorer KEFI Minerals PLC declared that it has raised £450,000 before expenses through the placing of 36 million shares at 1.25 pence each to fund on-going strategic initiatives and further exploratory work on its highly prospective exploration areas in Turkey and Saudi Arabia where KEFI Minerals is operator of exploration joint ventures.

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[1] here: http://www.proactiveinvestors.co.uk/companies/news/6139/kefi-minerals-raises-450000-in-placing-emed-and-fox-davies-plan-to-subscribe-for-more-shares--6139.html