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KORE POTASH PLC - Definitive Feasibility Study Update

Release Date: 28/09/2018 08:14
Code(s): KP2     PDF:  
Wrap Text
Definitive Feasibility Study Update

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”)


                                 Definitive Feasibility Study Update

Kore Potash plc, the potash development company whose flagship asset is the 97%-owned
Sintoukola Potash Project (“Project”) in the Republic of Congo, provides an update on the status of
the Definitive Feasibility Study (DFS) for the Kola Project.
The French Consortium of Engineering Companies (Technip France, Vinci Construction Grand
Projects, Egis International and Louis Dreyfus Armateurs) have informed the Company that the DFS
documentation scheduled for delivery to the Company at the end of September is now scheduled for
October 2018, when a period of review by the Company will commence.

                                               – ENDS –
28 September 2018

JSE Sponsor: Rencap Securities (Pty) Limited


                                             Contacts:
   Brad Sampson                        Jos Simson/ Edward Lee          Martin Davison/ James Asensio
                                       Tavistock (UK media             Canaccord Genuity – Nomad &
   Chief Executive Officer             enquiries)                      Broker
   Tel: +27 11 469 9144                Tel: +44 (0) 207 920 3150       Tel: +44 (0) 20 7523 4600
                                                                       korepotash@canaccordgenuity.
        info@korepotash.com             kore@tavistock.co.uk                          com




                                        www.korepotash.com

Forward-Looking Statements
This release contains statements that are "forward-looking". Generally, the words "expect,"
“potential”, "intend," "estimate," "will" and similar expressions identify forward-looking statements.
By their very nature and whilst there is a reasonable basis for making such statements regarding the
proposed placement described herein; forward-looking statements are subject to known and
unknown risks and uncertainties that may cause our actual results, performance or achievements, to
differ materially from those expressed or implied in any of our forward-looking statements, which
are not guarantees of future performance. Statements in this release regarding the Company's
business or proposed business, which are not historical facts, are "forward looking" statements that
involve risks and uncertainties, such as Mineral Resource estimates and statements that describe the
Company's future plans, objectives or goals, including words to the effect that the Company or
management expects a stated condition or result to occur. Since forward-looking statements
address future events and conditions, by their very nature, they involve inherent risks and
uncertainties. Actual results in each case could differ materially from those currently anticipated in
such statements. Investors are cautioned not to place undue reliance on forward-looking
statements, which speak only as of the date they are made.

Date: 28/09/2018 08:14:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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