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Kore Potash PLC ( (GB:KP2) ) just unveiled an update.
Kore Potash PLC has issued a cleansing prospectus to offer up to 7,000 CHESS Depositary Interests (CDIs) at AUD 0.058 each, aiming to raise AUD 406. This move is intended to remove on-sale restrictions related to a prior placement, enhancing the liquidity of its shares. The announcement, considered inside information, is now public, and the company will announce further details regarding the CDIs’ trading admission.
More about Kore Potash PLC
Kore Potash PLC is a potash development company with a significant focus on the Kola and DX Potash Projects in the Sintoukola Basin, located in the Republic of Congo. The company is primarily involved in the development and potential production of potash, a key agricultural fertilizer, which positions it strategically within the agricultural and mining industries.
Average Trading Volume: 1,032,042
Technical Sentiment Signal: Buy
Current Market Cap: £140.8M
For a thorough assessment of KP2 stock, go to TipRanks’ Stock Analysis page.