To view the PDF file, sign up for a MySharenet subscription.

KORE POTASH PLC - Extension of Cleansing Prospectus Offer Period

Release Date: 25/03/2025 09:00
Code(s): KP2     PDF:  
Wrap Text
Extension of Cleansing Prospectus Offer Period

Kore Potash plc
(Incorporated in England and Wales)
Registration number 10933682
ASX share code: KP2
AIM share code: KP2
JSE share code: KP2
ISIN: GB00BYP2QJ94
CDI ISIN: AU000000KP25
("Kore Potash" or the "Company")

25 March 2025

                           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 May 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 May 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.


                                                 ENDS


For further information, please visit www.korepotash.com or contact:

      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

      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


Date: 25-03-2025 09:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.