KORE POTASH PLC — M&A Activity 2019

Mar 26, 2019

National Storage Mechanism | Additional information

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RNS Number : 9321T

Kore Potash PLC

26 March 2019

25 March 2019

Kore Potash Plc

("Kore Potash" or the "Company")

Engineering Procurement and Construction Proposal (EPC) Received

Kore Potash plc, the potash development company whose flagship asset is the 97%-owned Sintoukola Potash Project ("Project") in the Republic of Congo, provides an update on the Engineering, Procurement and Construction (EPC) proposal for the Kola Project.

Further to the Company's announcement on 29th January 2019, the Company confirms that on Saturday 23 March 2019, the French Consortium of Engineering Companies (Technip France, Vinci Construction Grand Projects, Egis International and Louis Dreyfus Armateurs) delivered an EPC proposal for the Kola Project for the Company's consideration. The EPC Proposal was delivered after the due date for delivery, which was 28 February 2019. The management of Kore intend to consider all options for the development of Kola.

ENDS

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

Kore Potash Brad Sampson - CEO		Tel: +27 11 469 9140 info@korepotash.com
Tavistock Communications Jos Simson Edward Lee		Tel: +44 (0) 20 7920 3150 kore@tavistock.co.uk
Canaccord Genuity - Nomad and Broker Martin Davison James Asensio		Tel: +44 (0) 20 7523 4600 korepotash@canaccordgenuity.com

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