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KORE POTASH PLC - Management Changes

Release Date: 16/07/2021 08:37
Code(s): KP2     PDF:  
Wrap Text
Management Changes

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”)

16 July 2021

                                       Management Changes

Kore Potash, the potash development company with 97%-ownership of the Kola and DX Potash
Projects in the Sintoukola Basin, located within the Republic of Congo, announces that the Company’s
Chief Financial Officer, Mr Jean Michel Bour, has informed the Board of his intention to leave Kore
Potash due to personal reasons.

Jean Michel was appointed to the role of Chief Financial Officer on 9 June 2021. Jean Michel has
advised the Company that his personal circumstances are now such that he is not able to continue in
the role. Jean Michel steps aside from the CFO role with immediate effect and shall continue to work
with the Company until 15 August to complete agreed tasks.

Ms Amanda Farris has been appointed as interim CFO while a search is conducted for a permanent
CFO. Ms Farris will report direct to the CEO and is not joining the Board of the Company.

She has been working with the Company since May 2021, providing commercial support and
assistance to the CFO and is well positioned to assume the CFO responsibilities.

Ms Farris is an Australian Chartered Accountant with over 20 years’ experience in the mining industry
with a broad skill base including financial management, business support services, feasibility studies,
mining and processing constructing projects, contract negotiations and mining and exploration
operations. The corporate and operations leadership and management roles she has held have been
in Australia, Indonesia, Cote d Ivoire and the Democratic Republic of the Congo with companies
including Newcrest Mining, De Grey Mining, Tiger Resources and Iluka Resources.

Brad Sampson, the Chief Executive Officer of Kore Potash said, “We are disappointed that Jean
Michel’s personal circumstances have required his departure from our Company and wish him well
for the future.”

“We are also fortunate that Ms Farris is available to immediately step in as our interim CFO. She is a
highly respected chartered accountant who is already familiar with all of the Company’s accounts and
people”.

This release was approved by the Board of Kore Potash.

                                                ENDS

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
Oliver Lamb

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: 16-07-2021 08:37:00
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