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KORE POTASH PLC - Admission Document Disclosures

Release Date: 26/04/2018 16:45
Code(s): KP2     PDF:  
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Admission Document Disclosures

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”)


                                  Admission Document Disclosures


Kore Potash notes the recently published TR-1 notification from Harlequin Investments Ltd
(“Harlequin”) and confirms that based on the information provided by Harlequin, the interests as set
out on page 390 of the Company’s admission document dated 26 March 2018 (“Admission
Document”), were incorrect.

Prior to Admission, Harlequin had an interest of 103,500,000 ordinary shares (13.42% of issued
ordinary shares) and not 102,938,608 ordinary shares as stated in the Admission Document.
Harlequin did not subscribe nor receive any ordinary shares or equity warrants in the placing in
conjunction with the Admission Document (“Placing”), as opposed to the Admission Document
which states that Harlequin received 4,863,828 ordinary shares and 750,000 equity warrants in the
Placing. As such, following Admission, Harlequin’s interest was 103,500,000 ordinary shares,
representing 12.05% of issued ordinary shares.

The placing of 4,863,828 ordinary shares and 750,000 equity warrants as part of the Placing was
received by David Stevens, a beneficiary but not associate of Harlequin in their own personal
capacity.

26 April 2018

JSE Sponsor: Rencap Securities (Pty) Limited

                                               ENDS

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

Kore Potash                                                        Tel: +27 11 469 9140
Sean Bennett – CEO

Tavistock Communications                                           Tel: +44 (0) 20 7920 3150
Jos Simson
Edward Lee

Canaccord Genuity – Nomad and Broker                               Tel: +44 (0) 20 7523 4600
Martin Davison
James Asensio

Rencap Securities – JSE Sponsor                                    Tel: +27 (11) 750 1448
Yvette Labuschagne

Fivemark Partners                                                 Tel: +61 422 602 720
Michael Vaughan



About Kore Potash

Kore Potash (ASX: KP2, AIM: KP2 and JSE: KP2) is an advanced stage mineral exploration and
development company whose primary asset is 97%-owned Sintoukola Potash S.A. (SP) in the RoC. SP
has 100% ownership of the Kola Mining Lease within which the Company’s lead project, the Kola
Sylvinite deposit, is located. SP also has 100% ownership of the Dougou Mining Lease within which
the Dougou Carnallitite Deposit and the Dougou Extension Prospect are situated.

These projects are easily accessed, being located approximately 80 km to the north of the city of
Pointe Noire and within 30 km from the Atlantic coast. The Projects have the potential to be among
the world’s lowest-cost potash producers and their location near the coast offers a transport cost
advantage to global fertilizer markets.

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