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Draft non-binding financing Term Sheet Update

2nd Jun 2025 15:56

RNS Number : 0833L
Kore Potash PLC
02 June 2025
 

02 June 2025

 

Kore Potash Plc

("Kore Potash" or the "Company")

Draft non-binding financing Term Sheet Update

 

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"), announces that further to its announcement of 28 April 2025, it continues to negotiate the draft non-binding Term Sheets with the Summit Consortium. The Company expects to make a further announcement, as soon as negotiations are complete. The negotiations are expected to conclude shortly.

 

 

Enquiries:

 

Kore Potash

Tel: +44 (0) 20 3963 1776

 

Andre Baya - CEO

Andrey Maruta - CFO

 

SP Angel - Nomad and Joint 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

Tavistock Communications

Tel: +44 (0) 20 7920 3150

Emily Moss

Nick Elwes

 

Questco Corporate Advisory - JSE Sponsor

Done Hattingh

Tel: +27 (63) 482 3802

 

 

 

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