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IN BRIEF: Kore Potash signs key Kola project contract in Brazzaville

20th Nov 2024 13:47

Kore Potash PLC - London-based owner of the Kola and DX potash projects in Republic of Congo - Says the final engineering, procurement and construction contract for the Kola project has been signed in Brazzaville in the presence of the Mines Minister Pierre Oba on Tuesday. The suspension of shares on the Australian Securities Exchange and the Johannesburg Stock Exchange will be lifted, it says. Trading on the London Stock Exchange's AIM continues as normal as it was not temporarily suspended before the signing of contract. Late last month, Kore reached agreement with PowerChina International Group Ltd, finalising the engineering, procurement and construction contract.

Current stock price in London: 2.80 pence, down 35% on Wednesday

12-month change: multiplied from 0.48p on November 21, 2023

Current stock price in Johannesburg: 69 rand cents, down 16%

12-month change: multiplied from 12 cents on November 21, 2023

By Artwell Dlamini, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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