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KORE POTASH PLC - Appointment of CFO

Release Date: 09/06/2021 09:45
Code(s): KP2     PDF:  
Wrap Text
Appointment of CFO

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”)

09 June 2021

                                          Appointment of CFO



 Kore Potash plc, the potash development company with 97%-ownership of the Kola and Dougou
 Extension (“DX”) Potash Projects in the Sintoukola Basin, Republic of Congo (“RoC”), is pleased to
 announce the appointment of Mr. Jean-Michel Bour as Chief Financial Officer (“CFO”).

 Jean-Michel has a Bachelor’s degree in Business Studies (Hons) with over 21 years’ experience in the
 mining and oil & gas sectors. This includes a long period at BHP where he held several management
 and leadership roles, notably as Business Controller for the Nickel and Copper businesses and Head of
 Risk for Global Functions. Jean-Michel also worked as a consultant for Rio Tinto, designing and rolling-
 out a risk management improvement project for its Global Treasury, and has consulted for Anglo
 American.

 Jean-Michel holds dual French & English citizenships and thrives in multicultural environments, having
 lived in Nigeria, the Republic of Congo, Cameroon, the Netherlands, France, US and Singapore.

 Mr. Bour will report directly to the CEO and is not joining the Company’s board.

 As previously announced, the current CFO of Kore Potash, Mr. Andrey Maruta, has decided to
 stepdown from the CFO role effective 10 June 2021 to pursue other opportunities but will remain
 available to facilitate a smooth transition.



 Brad Sampson, Chief Executive of Kore Potash, said: “I am very pleased to announce the appointment
 of Jean-Michel Bour as the new CFO of Kore Potash.

 The Company is in a strong position to realise its potential in developing the world class Sintoukola
 Potash basin and Jean-Michel’s experience in the sector will prove of great benefit to Kore as we move
 through the next stages of growth towards financing and production.

 I would also like to thank Andrey Maruta for his contribution to the Company during his time as our
 CFO”.

 This announcement was approved by the Board of Kore Potash PLC.


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

   Kore Potash                                                     Tel: +27 11 469 9140
   Brad Sampson - CEO


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


   Canaccord Genuity - Nomad and Broker                            Tel: +44 (0) 20 7523 4600
   James Asensio
   Henry Fitzgerald-O'Connor


   Shore Capital - Joint Broker                                    Tel: +44 (0) 20 7408 4050
   Jerry Keen
   Toby Gibbs
   James Thomas


   Questco Corporate Advisory - JSE Sponsor                        Tel: +27 (11) 011 9208
   Mandy Ramsden

Date: 09-06-2021 09:45:00
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