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KORE POTASH PLC - Draft non-binding financing Term Sheet Update

Release Date: 02/06/2025 17:07
Code(s): KP2     PDF:  
Wrap Text
Draft non-binding financing Term Sheet 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
CDI ISIN: AU000000KP25
("Kore Potash" or the "Company")

02 June 2025

                         Draft non-binding financing Term Sheet Update

Kore Potash (AIM: KP2, ASX: KP2, JSE: KP2, A2X: KP2), the potash development company with 97%
ownership of the Kola Potash Project ("Kola" or the "Kola Project") and Dougou Extension ("DX")
Potash Project in the Sintoukola Basin, located in the Republic of Congo ("RoC"), announces that
further to its announcement of 28 April 2025, it continues to negotiate the draft non-binding Term
Sheets with the Summit Consortium. The Company expects to make a further announcement, as soon
as negotiations are complete. The negotiations are expected to conclude shortly.


Enquiries:

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

SP Angel – Nomad and Joint Broker                                 Tel: +44 (0) 20 7470 0470
Ewan Leggat
Charlie Bouverat

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

Tavistock Communications                                          Tel: +44 (0) 20 7920 3150
Emily Moss
Nick Elwes

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

Date: 02-06-2025 05:07:00
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