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ASX and JSE trading recommences
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”)
ASX and JSE trading recommences
Further to the announcement made on 24 December 2019 regarding a suspension in trading in the
Company’s ordinary shares on the Australian Stock Exchange (“ASX”) and the continued halt in trading
on the Johannesburg Stock Exchange (“JSE”), the Company is now pleased to confirm trading has
recommenced on both the ASX and JSE.
The halt in trading on ASX and JSE was due to the Company’s announcement of 17 December entitled
'Projects Update' under RNS No 0176X (the “17 December Project Update Announcement”) containing
certain statements that ASX advised were not fully compliant with the ASX Listing Rules.
Accordingly, the Company has today issued a clarificatory statement announcement amending metrics
relating to the Company’s test work at the DX project, metallurgical test results, and capital
optimisation programmes to satisfy ASX Listing Rules.
A link to the updated ASX announcements (“Project Update – Revised”) can be found at
https://www.asx.com.au/asx/statistics/announcements.do using the ASX code “KP2”.
Within the ASX Update of 30 December the Company, whilst retracting certain comments at the
request of the ASX, has additionally disclosed that recently acquired 2D seismic surveys information
will be used as input data for an updated Mineral Resource Estimate to be undertaken early in Q1
2020. For detailed diagram of the drilling programme please refer to the Company website,
http://www.korepotash.com/wp-content/uploads/2019/12/Figure-One.jpg
The Company is satisfied that the original 17 December Project Update Announcement was in
accordance with the AIM Rules for Companies and accordingly is not seeking to provide any update to
the announcement made on AIM under RNS 0178X and also notes some additional information
provided above. The Company’s ordinary shares have continued to trade on the London Stock
Exchange uninterrupted during this period.
ENDS
30 December 2019
JSE Sponsor: Rencap Securities (Pty) Limited
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 4090
Jerry Keen
Toby Gibbs
Mark Percy
Date: 30-12-2019 09:53:00
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