IN BRIEF: Kore Potash Chair David Hathorn to subscribe for new shares
Kore Potash PLC - London-based owner of the Kola and DX potash projects in Republic of Congo - Chair David Hathorn will subscribe for new shares at a price of 1.7 pence each for USD500,000 or around GBP380,000 via two separate trusts - Belle Terre Trust and Stapleford Trust. Hathorn's share subscription comes after Kore said on March 21 it had raised around USD10.1 million through a placing and subscription of new shares at 1.7 pence each to support development at its Kola potash project in the Republic of Congo. Hathorn owns 373.1 million shares or 7.7% in Kore. Read More