2 September 2021
Kore Potash Plc
("Kore Potash" or the "Company")
Change in Non-Executive Director
Kore Potash plc, the potash development company with 97%-ownership of the Kola and DX Potash Projects in the Sintoukola Basin, located within the Republic of Congo ("RoC"), is pleased to announce the appointment of Mr Ignacio Joaquin Majluf Caceres as a Non-Executive Director of the Board nominated by its shareholder Sociedad Química y Minera de Chile S.A. ("SQM") with effect from 1 September 2021.
Ignacio replaces Ms Trinidad Reyes, who has taken maternity leave from SQM and has resigned from the Board with effect from 1 September 2021.
Ignacio Majluf, aged 32, joined SQM in 2013 and reports to the Chief Financial Officer of SQM. Ignacio completed an Industrial Civil Engineering degree specialising in environmental engineering having graduated from Pontificia Universidad Católica de Chile in 2013. Ignacio also completed the Executive MBA at the Antwerp Management School in 2021.
David Hathorn, Non-executive Chairman, said: " I am pleased to welcome Ignacio to the Board of Kore Potash. Ignacio has a strong commercial focus and sound understanding of the SQM business from his time spent representing SQM in Europe."
"SQM is a globally significant potash producer and continues to provide our Company with valuable support. We look forward to 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 Trinidad for her contribution to the governance of Kore over the period she has been on our Board".
Save as set out below there is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two to the AIM Rules for Companies.
Current directorships/partnerships
Cuppa Ltda
**END**
This announcement has been approved for release by the Board of Kore Potash plc.
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 Mandy Ramsden |
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Tel: +27 (11) 011 9208 |