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KEFI Minerals Plc - Issue of Shares
20-07-2010
AIM: KEFI 20th July 2010
KEFI Minerals Plc
(“KEFI Minerals” or the “Company”)
ISSUE OF SHARES
KEFI Minerals, an AIM-quoted gold and copper exploration company with projects in Turkey and the Kingdom of Saudi Arabia, confirms the appointment of a new metallurgist consultant, Mr. Sergio Di Giovanni.
KEFI Minerals will utilise his services to assess the metallurgical aspects of potential acquisition opportunities in Saudi Arabia and Turkey.
As part of the terms of his employment contract, Mr. Di Giovanni has been issued 400,000 Ordinary Shares at a price of 1.25p per Ordinary Share (the “Salary Shares”) and will receive further salary as set out in the terms of his contract.
Application has been made to admit the Salary Shares to AIM and dealings in the Salary Shares should commence on 23 July 2010.
Following the issue of the salary shares the total number of issued shares in the share capital of the Company is 280,129,259 Ordinary Shares.
Enquiries
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KEFI Minerals
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Fox-Davies Capital
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WH Ireland
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Bishopsgate Communications
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Jeff Rayner
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Phil Davies
David Porter
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Katy Mitchell
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Nick Rome
Michael Kinirons
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+90 533 928 19 13
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+44 207 936 5236
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+44 161 832 2174
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+44 20 7562 3350
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-Ends-
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