KORE POTASH PLC - Issue of Equity

Issue of Equity

Kore Potash plc
(Incorporated in England and Wales)
Registration number 10933682
ASX share code: KP2
AIM share code: KP2
JSE share code:KP2
ISIN: GB00BYP2QJ94
(“Kore Potash” or the “Company”)

13 June 2022

                                              Issue of Equity

Kore Potash plc advises that 44,132,674 new ordinary shares of US$0.001 each in the capital of the
Company (“New Ordinary Shares”) have today been issued to Sociedad Quimica y Minera de Chile S.A.
(“SQM”) in lieu of fees payable under a Technical Services Agreement.

Application has been made for the admission of 44,132,674 New Ordinary Shares on AIM, the
Johannesburg Stock Exchange and the Australian Securities Exchange with admission expected to take
place on 17 June 2022.

Following this issue, the Company's total issued share capital will consist of 3,420,177,120
Ordinary Shares. No shares are held in treasury. Accordingly, the total number of voting rights in the
Company will be 3,420,177,120.

The above figure may be used by shareholders in the Company as the denominator for the calculations
by which they will determine if they are required to notify their interest in, or a change in their interest
in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and
Transparency Rules.

As a result of the above issue of shares to SQM, its shareholding will increase from 14.64% to 15.74%
of the enlarged share capital.

For ASX's purposes, these securities are issued under ASX Listing Rule 10.11.

Market Abuse Regulation (MAR) Disclosure
The information contained within this announcement is deemed by the Company to constitute inside
information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR') which has
been incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication
of this announcement via Regulatory Information Service ('RIS'), this inside information is now
considered to be in the public domain.

This announcement has been approved for release by the Board.

For further information, please visit www.korepotash.com or contact:

 Kore Potash                                                            Tel: +27 84 603 6238
 Brad Sampson - CEO
 Tavistock Communications                                               Tel: +44 (0) 20 7920 3150
 Jos Simson
 Emily Moss
 Adam Baynes
 SP Angel Corporate Finance - Nomad and 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
Questco Corporate Advisory - JSE Sponsor                                Tel: +27 (11) 011 9205
Doné Hattingh

Date: 13-06-2022 08:00:00
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