Notice of GM

RNS Number : 8225X

Kore Potash PLC

02 September 2020

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 AND THE SOUTH AFRICAN FINANCIAL MARKETS ACT 2012.

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, JAPAN, NEW ZEALAND, OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

THIS ANNOUNCEMENT MAY BE RELEASED, PUBLISHED OR DISTRIBUTED BY THE COMPANY FOR INFORMATION PURPOSES ONLY IN ACCORDANCE WITH ITS CONTINUOUS DISCLOSURE OBLIGATIONS UNDER APPLICABLE LAWS INCLUDING THE REQUIREMENTS OF THE JOHANNESBURG STOCK EXCHANGE AND THE AUSTRALIAN SECURITIES EXCHANGE.

2 September 2020

Kore Potash Plc

("Kore Potash" or the "Company")

Notice of General Meeting

Further to its announcement of 26 August 2020 regarding a placing and subscription to raise approximately US$8 million (the "ProposedFundraise") , Kore Potash, the potash exploration and development company whose flagship asset is the 97%-owned Sintoukola Potash Project located within the Republic of Congo, today announces that it will be holding a general meeting of shareholders (the "General Meeting") on 18 September 2020 at 10am UK time. A circular containing the formal notice of meeting has been dispatched to the Company's shareholders (the "Circular").

The General Meeting is being held to seek shareholder approval of, amongst other matters, the issue of 946,106,375 new ordinary shares in the Company ("New Shares") at an issue price of 0.65p per New Share pursuant to the Proposed Fundraise.

The expected timetable of the upcoming principal events regarding the General Meeting and the Proposed Fundraise is as follows:

Event	Date
Last day to trade on the JSE in order to be eligible to attend and vote at the General Meeting	11 September 2020
Latest time and date for receipt of Forms of Proxy and CREST voting instructions	10am (UK time)/11 am (South African time) 16 September 2020 or 5pm (Perth time) 15 September 2020
Record date to determine which Shareholders on the JSE are entitled to attend and vote at the General Meeting	16 September 2020
General Meeting	10am (UK time), 11 am (South African time) and 5pm (Perth time) 18 September 2020
Results of General Meeting announced	18 September 2020
Admission of the New Ordinary Shares to trading on AIM and the JSE and commencement of dealings	21 September 2020
Expected date for CREST accounts to be credited in respect of New Ordinary Shares in uncertificated form	21 September 2020
Where applicable, expected date for despatch of definitive share certificates for New Ordinary Shares in certificated form	23 September 2020

Each of the times and dates in the above expected timetable may be subject to change, in which event details of the new times and dates will be notified, where appropriate, by means of an announcement through a Regulatory Information Service.

Full details of the General Meeting and each of the resolutions to be put before the meeting can be found in the Circular which will be available at www.korepotash.com .

The announcement has been authorised for released by the Board of Directors.

ENDS

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

Kore Potash Brad Sampson - CEO		Tel: [phone]
Tavistock Communications Jos Simson Edward Lee		Tel: [phone]
Canaccord Genuity - Nomad and Broker James Asensio Henry Fitzgerald-O'Connor Angelos Vlatakis		Tel: [phone]
Shore Capital - Joint Broker Jerry Keen Toby Gibbs James Thomas		Tel: [phone]

Market Abuse Regulation

This announcement is released by Kore Potash plc and contains inside information for the purposes of the Market Abuse Regulation (EU) 596/2014 ("MAR") and is disclosed in accordance with the Company's obligations under Article 17 of MAR. The person who arranged for the release of this announcement on behalf of Kore Potash plc was Brad Sampson, Chief Executive Officer.

Important Notices

This announcement is for information purposes only and shall not constitute an offer to buy, sell, issue, or subscribe for, or the solicitation of an offer to buy, sell, issue, or subscribe for any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

This announcement does not constitute an offer to sell or an invitation to subscribe for, or solicitation of an offer to subscribe for or buy any shares or other securities of the Company to any person in Australia. This announcement is not, and does not purport to be a document containing disclosures to investors for the purposes of Part 6D.2 of the Australian Corporations Act 2001 (Cth.) and will not be filed with and has not been reviewed or approved by the Australian Securities and Investments Commission. This announcement contains no "offer to the public" and does not constitute a "registered prospectus" as such expressions are defined in Chapter 4 of the South African Companies Act, 2008. This announcement does not constitute a pre-listing statement prepared in accordance with the Johannesburg Stock Exchange Listings Requirements.

 This announcement is being issued by and is the sole responsibility of the Company. No representation or warranty, express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by Canaccord Genuity Limited, Shore Capital Stockbrokers Limited, nor any of their respective affiliates or agents (or any of their respective directors, officers, employees or advisers) for the contents of this announcement, or any other written or oral information made available to or publicly available to any interested party or its advisers, or any other statement made or purported to be made by or on behalf of any of Canaccord Genuity Limited, Shore Capital Stockbrokers Limited or any of their respective affiliates in connection with the Company or the Proposed Fundraise and any responsibility therefore is expressly disclaimed.

 

END

 

 

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