REG - Kefi Gold and Copper - Tulu Kapi Funding Update

RNS Number : 5163M Kefi Gold and Copper PLC 22 December 2025 22 December 2025KEFI Gold and Copper plc("KEFI" or the "Company")Tulu Kapi Funding UpdateKEFI (AIM: KEFI), a gold and copper exploration and development company focused on the Arabian-Nubian Shield with a pipeline of projects in the Federal Democratic Republic of Ethiopia, and the Kingdom of Saudi Arabia, notes the media comments regarding the securing of certain funding for the Company's high-grade/high-recovery Tulu Kapi Gold Project (the "Project" or "Tulu Kapi").The Company can confirm that it has signed a term-sheet with a fund for US$30 million of equity-ranking 'Gold Streams' (with terms as outlined in the Company's announcement of 8 December 2025). Completion of this funding remains subject to detailed documentation being agreed with the provider and approved by the Project's senior lenders. This will form part of the Project's required equity risk capital funding.The Company continues to expect to have assembled the entire Project finance package this month, enabling full launch of the Project, and further announcements will be made in due course, as appropriate.EnquiriesKEFI Gold and Copper plcHarry Anagnostaras-Adams (Executive Chairman)+357 2225 6161John Leach (Finance Director)SP Angel Corporate Finance LLP (Nominated Adviser)+44 (0) 20 3470 0470Jeff Keating, Adam CowlTavira Financial Limited (Lead Broker)+44 (0) 20 7100 5100Oliver Stansfield, Jonathan EvansIFC Advisory Ltd (Financial PR and IR)+44 (0) 20 3934 6632Tim Metcalfe, Florence Staton3PPB LLC (North American Institutional IR)Patrick Chidley+1 (917) 991 7701Paul Durham+1-203-940-2538Further information can be viewed at https://www.kefi-goldandcopper.comThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END UPDFLFLFFALFFIE