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Kore Potash Issues 500 CDIs to Enhance Market Liquidity

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Kore Potash Issues 500 CDIs to Enhance Market Liquidity

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Kore Potash PLC ( (GB:KP2) ) has provided an announcement.

Kore Potash PLC has announced the issuance of 500 CDIs under its Cleansing Prospectus, with each CDI equivalent to one ordinary share. This move aims to remove trading restrictions on the sale of securities issued by the company. The new shares are set to be admitted to trading on the AIM market of the London Stock Exchange, JSE Limited, and ASX, with the total voting rights in the company now amounting to 4,856,249,499 shares. This development could potentially enhance the company’s market presence and provide greater liquidity for its shares.

More about Kore Potash PLC

Kore Potash PLC is a potash development company with a 97% ownership stake in the Kola Potash Project and Dougou Extension Potash Project located in the Sintoukola Basin in the Republic of Congo. The company is focused on developing these projects to produce potash, a key ingredient in fertilizers, to meet global agricultural demands.

Average Trading Volume: 2,280,482

Technical Sentiment Signal: Buy

Current Market Cap: £111.7M

See more data about KP2 stock on TipRanks’ Stock Analysis page.

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