REG - Kore Potash PLC - Draft non-binding financing Term Sheet Update

Kore PotashAnnouncement

02/06/2025 16:00

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RNS Number : 0833L  Kore Potash PLC  02 June 2025

02 June 2025

 

Kore Potash Plc

("Kore Potash" or the "Company")

Draft non-binding financing Term Sheet Update

 

Kore Potash (AIM: KP2, ASX: KP2, JSE: KP2, A2X: KP2), the potash development
company with 97% ownership of the Kola Potash Project ("Kola" or the "Kola
Project") and Dougou Extension ("DX") Potash Project in the Sintoukola Basin,
located in the Republic of Congo ("RoC"), announces that further to its
announcement of 28 April 2025, it continues to negotiate the draft non-binding
Term Sheets with the Summit Consortium. The Company expects to make a further
announcement, as soon as negotiations are complete. The negotiations are
expected to conclude shortly.

 

 

Enquiries:

 

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

 Andre Baya - CEO
 Andrey Maruta - CFO

 SP Angel - Nomad and Joint 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
 Tavistock Communications                  Tel: +44 (0) 20 7920 3150
 Emily Moss

 Nick Elwes

 Questco Corporate Advisory - JSE Sponsor  Tel: +27 (63) 482 3802

 Done Hattingh

 

 

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