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Kore Potash Plc
Trading Halt
Business
Apr 29 2025
3 min read

Trading Halt

29 April 2025

 

KORE POTASH PLC

("Kore Potash" or "the Company")

Trading Halt, Draft non-binding financing Term-Sheet received

 

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 requested the Australian Securities Exchange ("ASX") to immediately halt trading in the Company's shares quoted on the ASX in accordance with their rules and subsequently as a result of the ASX trading halt, also requested the JSE Limited ("JSE") in accordance with their rules to immediately halt trading in the Company's shares quoted on the  JSE, pending a further announcement on the draft financing proposal and associated draft non-binding Term Sheets ("Term Sheets") for the Kola Project, from the Summit Consortium ("Consortium") (the "Trading Halt").

 

The Company's securities will accordingly not be traded on the ASX and JSE whilst the Trading Halt remains in place.

 

Trading in the Company's ordinary securities will continue to trade as normal on AIM, a market operated by the London Stock Exchange during this period.

 

The full version of the ASX announcement can be seen here: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02940453-6A1261958&v=7bc42bd11d853ed5e8c28f2ffcd6a069ee5cd6b4

 

 

 

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

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Nick Elwes    Emily Moss

 

 

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