KORE POTASH PLC - Trading Halt, Draft non-binding financing Term-Sheet received

Trading Halt, Draft non-binding financing Term-Sheet received

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
CDI ISIN: AU000000KP25
("Kore Potash" or the "Company")

29 April 2025
                      Trading Halt, Draft non-binding financing Term-Sheet received

   Kore Potash plc, the potash development company with 97% ownership of the Kola and DX Potash
   Projects in the Sintoukola Basin, located in the Republic of Congo, announces that the Company has
   requested the Australian Securities Exchange ("ASX") to immediately halt trading in the Company's
   shares quoted on the ASX in accordance with their rules and subsequently as a result of the ASX trading
   halt, also requested the JSE Limited ("JSE") in accordance with their rules to immediately halt trading
   in the Company's shares quoted on the JSE, pending a further announcement on the draft financing
   proposal and associated draft non-binding Term Sheets ("Term Sheets") for the Kola Project, from the
   Summit Consortium ("Consortium") (the "Trading Halt").

   The Company's securities will accordingly not be traded on the ASX and JSE whilst the Trading Halt
   remains in place.

   Trading in the Company's ordinary securities will continue to trade as normal on AIM, a market
   operated by the London Stock Exchange during this period.

   The full version of the ASX announcement can be seen here: https://cdn-
   api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02940453-
   6A1261958&v=7bc42bd11d853ed5e8c28f2ffcd6a069ee5cd6b4


   This announcement has been approved for release by the Board.

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

   Kore Potash
   Andre Baya, CEO
   Andrey Maruta, CFO                                                  Tel: +44 (0) 20 3963 1776

   Tavistock Communications
   Nick Elwes
   Emily Moss                                                          Tel: +44 (0) 20 7920 3150
   
   SP Angel Corporate Finance - Nomad and Broker
   Ewan Leggat
   Charlie Bouverat                                                    Tel: +44 (0) 20 7470 0470
   Grant Barker

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

   Questco Corporate Advisory - JSE Sponsor
   Doné Hattingh                                                       Tel: +27 (63) 482 3802
                                                                       

Date: 29-04-2025 02:03:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.