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An update from Kore Potash PLC ( (GB:KP2) ) is now available.
Kore Potash PLC announced a suspension of trading on the Australian Securities Exchange (ASX) due to ongoing negotiations and reviews of a draft non-binding financing Term-Sheet for its Kola Project. The suspension will remain until the company can disclose details of the Term Sheets, which have a review period until 31 May 2025. While trading on the ASX is halted, the company’s shares continue to trade on AIM and the JSE, with shareholders advised to exercise caution due to potential material impacts on share prices once terms are finalized.
More about Kore Potash PLC
Kore Potash PLC is a potash development company with a 97% ownership stake in the Kola and DX Potash Projects located in the Sintoukola Basin, Republic of Congo. The company focuses on developing potash resources, which are crucial for fertilizer production, to meet global agricultural demands.
YTD Price Performance: 28.89%
Average Trading Volume: 1,139,632
Technical Sentiment Signal: Strong Sell
Current Market Cap: £140.2M
Find detailed analytics on KP2 stock on TipRanks’ Stock Analysis page.