Kefi shareholders give go-ahead for £6.4m placing

Aim-listed Kefi Minerals has successfully garnered shareholder support for its intended placement of shares to raise £6.4-million.

Executive chairperson Harry Anagnostaras-Adams says this significantly de-risks the company’s balance sheet, as it can remove liabilities totalling £5.7-million and add £500 000 to its working capital.