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An update from Kore Potash PLC ( (GB:KP2) ) is now available.
Kore Potash PLC has provided an update for the quarter ending September 30, 2025, highlighting progress in securing funding and advancing the Kola Project. The company has signed term sheets with OWI-RAMS for the project’s total funding requirements and is updating the Environmental and Social Impact Assessment due to design optimizations by PowerChina. Early works have commenced, including sample preparations for geological data verification, and the company is in discussions with PowerChina regarding a contract operator proposal. The company also issued 500 CDIs to close the Cleansing Prospectus and reported holding approximately US$2.13 million in cash as of the end of the quarter. The update indicates a focus on maintaining compliance with regulatory approvals and community engagement obligations, positioning Kore Potash for future construction activities.
More about Kore Potash PLC
Kore Potash PLC is a potash development company primarily focused on the Kola and Dougou Extension Potash Projects located in the Sintoukola Basin, Republic of Congo. The company is involved in the exploration and development of potash resources, with a significant emphasis on the Kola Project, which is its flagship project.
Average Trading Volume: 1,051,355
Technical Sentiment Signal: Buy
Current Market Cap: £153M
Learn more about KP2 stock on TipRanks’ Stock Analysis page.