REG - Kore Potash PLC - Appointment of Non-Executive Director

Kore PotashAnnouncement

27/06/2024 07:00

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RNS Number : 0406U  Kore Potash PLC  27 June 2024

27 June 2024

 

Kore Potash Plc

("Kore Potash" or "the Company")

 

Appointment of Non-Executive Director

 

Kore Potash (AIM: KP2, ASX: KP2, JSE:KP2, A2X:KP2) ("the Company"), the potash
development company with 97%-ownership of the Kola and DX Potash Projects in
the Sintoukola Basin, located in the Republic of Congo announces the
appointment of Mr Amit Kamlesh Kumar Mehta as a non-executive director to the
Board, nominated by Oman Investment Authority ("OIA"), with effect from 26
June 2024.

 

Mr Amit Kamlesh Kumar Mehta is the Senior Manager in the Private Equity team
at Oman Investment Authority (OIA), the Sovereign Wealth fund of Oman. He
oversees the diversified investments strategy covering the Metals and Mining
investments, Renewables and Energy Transition sector. He has over 14 years of
Private Equity and Investment Banking experience working across the New York
and Middle East regions. His position within OIA gives him commercial and
corporate perspectives that will be of value to Kore Potash.

 

Mr David Hathorn the Chairman of Kore Potash said: "We welcome Amit to the
Board and look forward to his contribution to the governance of the Company.
In addition to OIA's considerable investment to date, it continues to provide
important support for the development of our potash projects in the Republic
of Congo".

 

This announcement has been approved for release by the Board of Kore Potash.

 

The following information is disclosed pursuant to Rule 17 and Schedule Two
paragraph (g) of the AIM Rules for Companies in relation to Amit Kamlesh Kumar
Mehta, aged 40:

 

  Current directorships and/or partnerships:   Former directorships and/or partnerships (within the last five years):

 Orochem Pte Ltd                               Strategic & Precious Metals Processing (FZC) LLC

 Rotary Engineering Pte Ltd                    SIGIT Oman Automotive Group LLC

                                               SIGIT Oman Automotive Group Europe SA

 

Mr Amit Kamlesh Kumar Mehta does not hold any shares in the Company.

 

 

ENDS

 

 

For further information, please visit www.korepotash.com
(http://www.korepotash.com) or contact:

 

 Kore Potash                                      Tel: +44 (0) 20 3963 1776

 Andre Baya, CEO

 Andrey Maruta, CFO
 Tavistock Communications                         Tel: +44 (0) 20 7920 3150

 Nick Elwes

 Josephine Clerkin
 SP Angel Corporate Finance - Nomad and Broker    Tel: +44 (0) 20 7470 0470

 Ewan Leggat

 Charlie Bouverat
 Shore Capital - Joint Broker                     Tel: +44 (0) 20 7408 4050

 Toby Gibbs

 James Thomas
 Questco Corporate Advisory - JSE Sponsor         Tel: +27 (11) 011 9205

 Doné Hattingh

 

 

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