REG - Kore Potash PLC - Lodgement of Cleansing Prospectus

Kore PotashAnnouncement

22/11/2024 07:00

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RNS Number : 3132N  Kore Potash PLC  22 November 2024

22 November 2024

 

KORE POTASH PLC

("Kore Potash" or "the Company")

Lodgement of Cleansing Prospectus

 

Kore Potash plc, 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 that the Company has today issued a cleansing prospectus for
the offer of up to 500 CHESS Depositary Interests ("CDIs") in the capital of
the Company at an issue price of AUD 0.0543 per CDI to raise up to AUD 27.15
(before expenses).

 

This cleansing prospectus has been prepared primarily for the purpose of
section 708A(11) of the Australian Corporations Act 2001 (Cth) to remove any
on-sale restrictions in relation to the shares to be issued pursuant to the
Company's placement announced on 6 November 2024.

 

The full version of the cleansing prospectus can be viewed at the following
link:
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02884673-6A1239135
(https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02884673-6A1239135)

 

The Company will make a separate announcement in respect of the admission to
trading of the 500 CDIs in due course.

 

Market Abuse Regulation

Market Abuse Regulation (MAR) Disclosure - The information contained within
this announcement is deemed by the Company to constitute inside information as
stipulated under the Market Abuse Regulations (EU) No. 596/2014 which has been
incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the
publication of this announcement via Regulatory Information Service ("RIS"),
this inside information is now considered to be in the public domain.

 

This announcement has been approved for release by the Board.

 

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

 

 Kore Potash

 Andre Baya, CEO
 Andrey Maruta, CFO                             Tel: +44 (0) 20 3963 1776
 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

 Grant Barker
 Shore Capital - Joint Broker Toby Gibbs        Tel: +44 (0) 20 7408 4050

 James Thomas
 Questco Corporate Advisory - JSE Sponsor       Tel: +27 63 482 3802

 Doné Hattingh

 

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