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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Kore Potash Plc | LSE:KP2 | London | Ordinary Share | GB00BYP2QJ94 | ORD USD0.001 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.10 | 19.05% | 0.625 | 0.60 | 0.65 | 0.625 | 0.525 | 0.525 | 12,909,857 | 16:17:33 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMKP2
RNS Number : 1177G
Kore Potash PLC
19 July 2019
KORE POTASH PLC
Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)
Kore Potash plc, the potash development company whose flagship asset is the 97%-owned Sintoukola Potash Project ("Kola" or the "Project"), (Company) refers to the ASX announcement dated 19 July 2019 in relation to the issue of 646,914,254 new ordinary shares (Shares) in the capital of the Company (equivalent to 646,914,254 CHESS Depositary Interests (CDIs)) to certain eligible existing and new investors at GBP0.016 per Share to raise US$13,123,561 (Placement Shares).
The Placement Shares were issued today and rank equally with the Company's existing ordinary shares on issue. On conversion of the Placement Shares to CDIs, those CDIs will rank equally with all other CDIs on issue.
The Company gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Corporations Act) as modified by ASIC Class Order 14/827 that:
-- the Placement Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;
-- as at the date of this notice, the Company has complied with: - section 601CK of the Corporations Act, as it applies to the Company; and - section 674 of the Corporations Act; and
-- as at the date of this notice, there is no "excluded information" within the meaning of sections 708A(7) and 708A(8) of the Corporations Act which is required to be disclosed under section 708A(6)(e) of the Corporations Act.
19 July 2019
ENDS
For further information, please visit www.korepotash.com or contact:
Kore Potash Tel: +27 11 469 9140 Brad Sampson - CEO Tavistock Communications Tel: +44 (0) 20 7920 3150 Jos Simson Edward Lee Canaccord Genuity - Nomad and Tel: +44 (0) 20 7523 4600 Broker James Asensio Henry Fitzgerald-O'Connor Shore Capital - Joint Broker Tel: +44 (0) 20 7408 4050 Jerry Keen Toby Gibbs Mark Percy
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 rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
July 19, 2019 05:01 ET (09:01 GMT)
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