REG - Kore Potash PLC - Extension of Cleansing Prospectus Offer Period

Kore PotashAnnouncement

30/01/2025 07:30

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RNS Number : 1782V  Kore Potash PLC  30 January 2025

30 January 2025

 

Kore Potash Plc

("Kore Potash" or "the Company")

 

Extension of Cleansing Prospectus Offer Period

 

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"), refers to the offer to certain
investors to apply for up to 500 CDIs in the capital of the Company at an
issue price of AUD0.0543 per CDI as announced in its Cleansing Prospectus
dated 22 November 2024 ("Offer").

 

Kore Potash advises that the Directors have resolved to extend the Closing
Date of the Offer to 5.00pm (Sydney time) on 31 March 2025, subject to the
right of the Company to close the Offer early or further extend the Closing
Date.

 

The revised timetable for the Offer is set out below:

 

 Action                                     Date
 Lodgement of Prospectus with ASIC and ASX  22 November 2024
 Opening Date                               22 November 2024
 Closing Date*                              5.00pm (Sydney time) on 31 March 2025

 

* These dates are indicative only and may change without notice. The Directors
reserve the right to bring forward or extend the Closing Date at any time
after the Opening Date without notice. As such, the date the CDIs are expected
to commence trading on ASX may vary with any change in the Closing Date.

As set out in the Cleansing Prospectus, the primary purpose of the Cleansing
Prospectus is to remove any trading restrictions on the sale of any securities
issued by the Company without disclosure under Chapter 6D of the Corporations
Act 2001 (Cth) prior to the Closing Date.

 

Authorisation and Additional Information

This announcement was authorised by the Board of Kore Potash plc.

 

For further information, please visit www.korepotash.com
(https://url.avanan.click/v2/___http:/www.korepotash.com___.YXAxZTpzaG9yZWNhcDphOm86MDlkN2QxNGJhNDk0MzNjMTI4MTVmZjFjOWJhOTQ0MDg6NjplMTY5OjNlYWYwYmY3Zjk2NzhjZDU2NzQxOGU4ZmYwZGE1ZmE3MDNiODhlZTk1Y2QzYTg1YjE3ZmMzMTY2MDYwYzc2YmY6cDpGOk4)
or contact:

 

 

ENDS

 

 

 

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

 André Baya, CEO

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

 Emily Moss

 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 63 482 3802

 Doné Hattingh

 

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