A
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Investegate |Kore Potash PLC Announcements | Kore Potash PLC: Management Changes
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Investegate |Kore Potash PLC Announcements | Kore Potash PLC: CDI Monthly Movement
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Kore Potash plc, the potash development company whose flagship asset is the 97%-owned Sintoukola Potash Project, refers to its ASX announcement dated
8 April 2021 titled Results of Proposed Fundraise in relation to the issue of 460,310,392 new ordinary shares (Shares) in the capital of the Company (equivalent to 460,310,392 CHESS Depositary Interests (CDIs)) to certain eligible existing and new investors at
£0.011 (equivalent to
US$7 million under the second tranche of the placement announced to ASX on
8 April 2021 (Placement Shares).
Following shareholders approval at a General Meeting on
5 May 2021, the Company issued 2,000,000 Shares (equivalent to 2,000,000 CDIs), to 180Markets Pty Ltd for lead manager fees (Lead Manager Shares) as well as a further 92,226,614 Shares (equivalent to 92,226,614 CDIs) to Oman Investment Authority, an existing shareholder, at the same issue price of