Lodgement of Cleansing Prospectus
Updated : 07:02
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
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 or contact:
Kore Potash Andre Baya, CEO | |
Andrey Maruta, CFO | Tel: +44 (0) 20 3963 1776 |
Tavistock Communications Emily Moss Nick Elwes Josephine Clerkin
| Tel: +44 (0) 20 7920 3150 |
SP Angel Corporate Finance - Nomad and Broker Ewan Leggat Charlie Bouverat Grant Barker | Tel: +44 (0) 20 7470 0470 |
Shore Capital - Joint Broker Toby Gibbs James Thomas | Tel: +44 (0) 20 7408 4050 |
Questco Corporate Advisory - JSE Sponsor Doné Hattingh | Tel: +27 63 482 3802 |
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