1 December 2021
Kore Potash Plc
("Kore Potash" or the "Company")
Change in Non-Executive Director
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 is pleased to announce the appointment of Mr Pablo Hernandez Mac-Donald as a Non-Executive Director of the Board nominated by Sociedad Química y Minera de Chile S.A. ("SQM") with effect from 30 November 2021.
Pablo replaces Mr Ignacio Majluf, who has resigned from employment with SQM and who has subsequently resigned from the Board of Kore Potash with effect from the same date.
Mr Pablo Hernandez Mac-Donald, aged 34, joined SQM in 2013 is the Vice President Finance Commercial Offices within SQM reporting to the Chief Financial Officer of SQM. Pablo completed Industrial Engineering and Master of Science in Engineering degrees having graduated from Pontificia Universidad Catolica de Chile in 2013, and a Master's in Business Administration from Emory University in 2019.
David Hathorn, Non-Executive Chairman, said: " I am very pleased to welcome Pablo to the Board of Kore Potash. Pablo's understanding of the SQM business and his global role gives him a level of connectivity to the global fertiliser market that we are confident will add value to our Board."
"SQM continues to provide our Company with invaluable support, and we look forward to the continued close co-operation as we advance our objective of becoming one of the world's lowest cost potash producers."
"We also take this opportunity to thank Ignacio for his contribution to the governance of Kore Potash during his period on our Board."
There is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two to the AIM Rules for Companies.
Authorised for release by the Board of Directors.
ENDS
For further information, please visit www.korepotash.com or contact:
Kore Potash Brad Sampson - CEO |
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Tel: +27 84 603 6238 |
Tavistock Communications Jos Simson Oliver Lamb |
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Tel: +44 (0) 20 7920 3150 |
Canaccord Genuity - Nomad and Broker James Asensio Henry Fitzgerald-O'Connor |
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Tel: +44 (0) 20 7523 4600 |
Shore Capital - Joint Broker Jerry Keen Toby Gibbs James Thomas |
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Tel: +44 (0) 20 7408 4050 |
Questco Corporate Advisory - JSE Sponsor Doné Hattingh |
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Tel: +27 (11) 011 9205 |