- KEFI Minerals has signed a mandate letter and heads of terms for US$135m of project funding with Oryx Management to finance and operate all the on-site infrastructure at the company's Tulu Kapi gold project in Ethiopia.

KEFI said the planned financing package also included funding finance charges during a 30-month construction and production ramp-up period.

At 9:27am: [LON:KEFI] KEFI Minerals PLC share price was +1p at 5.3p

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