Appointment of CFO

RNS Number : 5870K

Kore Potash PLC

30 August 2019

 

30 August 2019

Kore Potash plc

("Kore Potash" or the "Company")

Appointment of CFO

Kore Potash plc, the potash development company whose flagship asset is the 97%-owned Sintoukola Potash Project ("Kola" or the "Project"), is pleased to announce the appointment of Mr. Andrey Maruta as Chief Financial Officer ("CFO"), effective from 23 September 2019.

Andrey is a Fellow Chartered and Certified Accountant, with over 16 years' experience in the mining industry including as CFO at Petropavlovsk Plc, which has a Premium Listing on the LSE. Andrey also has worked in the audit function at accountancy firm Moore Stephens International in both the UK and the Russian Federation. Mr. Maruta will report directly to the CEO and is not joining the Company's board.

The current CFO of Kore Potash, Mr. John Crews, has decided to stepdown from the CFO role for personal reasons but will remain available into November to facilitate a smooth transition.

Brad Sampson, Chief Executive of Kore Potash, said: "I am very pleased to announce the appointment of Andrey Maruta as the new CFO of Kore Potash.

"The Company is in a strong position to realise its potential in developing the world class Sintoukola Potash basin and Andrey's experience in the sector will prove of great benefit to Kore as we move through the next stages of growth towards financing and production.

I would also like to thank John Crews for his contribution to the Company over the past two years."

ENDS

For further information, please visit www.korepotash.com or contact:

Kore Potash Brad Sampson - CEO		Tel: [phone]
Tavistock Communications Jos Simson Edward Lee		Tel: [phone]
Canaccord Genuity - Nomad and Broker James Asensio Henry Fitzgerald-O'Connor		Tel: [phone]
Shore Capital - Joint Broker Jerry Keen Toby Gibbs James Thomas		Tel: [phone]

 

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