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On 02 June 2025, Kore Potash Plc announced it continues to negotiate draft non-binding financing Term Sheets with the Summit Consortium. This update follows a previous announcement made on 28 April 2025 regarding these negotiations.
| Date | 2 Jun 2025 |
| Time | 15:56:47 |
| Category | Miscellaneous |
| ID | 0833L |
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:
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Kore Potash |
Tel: +44 (0) 20 3963 1776
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Andre Baya - CEO |
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Andrey Maruta - CFO |
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SP Angel - Nomad and Joint Broker |
Tel: +44 (0) 20 7470 0470 |
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Ewan Leggat Charlie Bouverat
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Shore Capital - Joint Broker |
Tel: +44 (0) 20 7408 4050 |
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Toby Gibbs James Thomas |
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Tavistock Communications |
Tel: +44 (0) 20 7920 3150 |
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Emily Moss Nick Elwes
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Questco Corporate Advisory - JSE Sponsor Done Hattingh |
Tel: +27 (63) 482 3802
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