Information  X 
Enter a valid email address

Kore Potash PLC (KP2)

  Print      Mail a friend

Monday 14 December, 2020

Kore Potash PLC

Correspondence received from Minister of Mines

RNS Number : 4681I
Kore Potash PLC
14 December 2020
 

14 December 2020

Kore Potash Plc

("Kore Potash" or the "Company")

 

Correspondence received from Minister of Mines

 

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 ("RoC"), advises that its local subsidiary has received correspondence from the Minister of Mines of the RoC (the "Minister of Mines") expressing disappointment at the speed of progress on the development of the projects in the Sintoukola Basin and questioning compliance with the Company's obligations to the Government.

 

The Company is progressing the development of the DX and Kola projects towards production, continues to comply with its obligations to the Government of the RoC and has kept the Minister of Mines briefed on the Company's plans and progress.

 

Kore Potash continues to communicate constructively and openly with the Minister of Mines to ensure the parties remain fully engaged as Kore Potash progresses the development of its projects.

 

This announcement has been approved by the Board of Kore Potash plc.

 

END

 

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

Kore Potash

Brad Sampson - CEO


Tel: +27 11 469 9140

Tavistock Communications

Jos Simson

Edward Lee


Tel: +44 (0) 20 7920 3150

Canaccord Genuity - Nomad and Broker

James Asensio

Henry Fitzgerald-O'Connor


Tel: +44 (0) 20 7523 4600

Shore Capital - Joint Broker

Jerry Keen

Toby Gibbs

James Thomas


Tel: +44 (0) 20 7408 4050

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDUOSRRROUUAUA

a d v e r t i s e m e n t