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Kore Potash PLC ( (GB:KP2) ) just unveiled an update.
Kore Potash PLC announced the issuance of 319,688,816 new ordinary shares to existing shareholders and new institutional and high net worth investors. These shares, issued without disclosure under specific provisions of the Corporations Act, are intended to rank equally with existing shares, potentially strengthening the company’s financial position and market presence.
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 the development and production of potash, a key ingredient in fertilizer, which is crucial for the agriculture industry.
Average Trading Volume: 1,067,405
Technical Sentiment Signal: Buy
Current Market Cap: £143.3M
See more insights into KP2 stock on TipRanks’ Stock Analysis page.