IonQ CRO Alameddine Rima sells $4.6m in shares
LONDON - Kore Potash PLC, a potash development company, announced Friday it has issued a cleansing prospectus for the offer of up to 7,000 CHESS Depositary Interests (CDIs) at an issue price of AUD 0.058 per CDI, aiming to raise up to AUD 406 before expenses.
The company stated the primary purpose of the cleansing prospectus is to remove on-sale restrictions related to shares being issued under the placement announced on November 20, 2025, in accordance with section 708A(11) of the Australian Corporations Act 2001.
Kore Potash holds a 97% ownership stake in the Kola and DX Potash Projects located in the Sintoukola Basin in the Republic of Congo.
The company indicated it will make a separate announcement regarding the admission to trading of the 7,000 CDIs in due course. The full cleansing prospectus is available for viewing through the Australian Securities Exchange (ASX) research portal.
According to the press release statement, the announcement was approved for release by the company’s board and contains information deemed to constitute inside information under the Market Abuse Regulations, which has now been considered in the public domain following this disclosure.
Kore Potash is listed on multiple exchanges with SP Angel Corporate Finance serving as its Nomad and Broker alongside Shore Capital as Joint Broker, while Questco Corporate Advisory acts as its JSE Sponsor.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.