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KORE POTASH PLC — Capital/Financing Update 2026
Jan 29, 2026
7751_rns_2026-01-29_1b5e69ed-cee8-46f5-b06f-8caf9cfc6df1.pdf
Capital/Financing Update
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Kore Potash plc (Incorporated in England and Wales) Registration number 10933682 ASX share code: KP2 AIM share code: KP2 JSE share code: KP2 ISIN: GB00BYP2QJ94 CDI ISIN: AU000000KP25 (“Kore Potash” or the “Company”) 29 January 2026
Extension of Cleansing Prospectus Offer Period
Kore Potash (AIM: KP2, ASX: KP2, JSE: KP2, A2X: KP2), the potash development company with 97% ownership of the Kola Potash Project (“ Kola ” or the “ Kola Project ”) and Dougou Extension (“ DX ”) Potash Project in the Sintoukola Basin, located in the Republic of Congo (“ RoC ”), refers to the offer to certain investors to apply for up to 7,000 CDIs in the capital of the Company at an issue price of AUD0.058 per CDI as announced in its Cleansing Prospectus dated 21 November 2025 (“ Offer ”).
Kore Potash advises that the Directors have resolved to extend the Closing Date of the Offer to 5.00pm (Sydney time) on 31 May 2026, subject to the right of the Company to close the Offer early or further extend the Closing Date.
The revised timetable for the Offer is set out below:
| Action | Date |
|---|---|
| Lodgement of Prospectus with ASIC and ASX | 21 November 2025 |
| Opening Date | 21 November 2025 |
| Closing Date* | 5.00pm (Sydney time) on 31 May 2026 |
* These dates are indicative only and may change without notice. The Directors reserve the right to bring forward or extend the Closing Date at any time after the Opening Date without notice. As such, the date the CDIs are expected to commence trading on ASX may vary with any change in the Closing Date.
As set out in the Cleansing Prospectus, the primary purpose of the Cleansing Prospectus is to remove any trading restrictions on the sale of any securities issued by the Company without disclosure under Chapter 6D of the Corporations Act 2001 (Cth) prior to the Closing Date.
Authorisation and Additional Information
This announcement was authorised by the Board of Kore Potash plc.
ENDS
For further information, please visit www.korepotash.com or contact:
Kore Potash
Tel: +44 (0) 20 3963 1776
André Baya, CEO Andrey Maruta, CFO
Tavistock Communications
Tel: +44 (0) 20 7920 3150
Emily Moss Nick Elwes Josephine Clerkin
SP Angel Corporate Finance – Nomad and Broker Tel: +44 (0) 20 7470 0470 Ewan Leggat Charlie Bouverat Shore Capital – Joint Broker Tel: +44 (0) 20 7408 4050 Toby Gibbs James Thomas
Tel: +44 (0) 20 7408 4050
Questco Corporate Advisory – JSE Sponsor Doné Hattingh
Tel: +27 (63) 482 3802