Definitive Feasibility Study Update

RNS Number : 2355C

Kore Potash PLC

28 September 2018

 

28 September 2018

Kore Potash plc

("Kore Potash" or the "Company")

Definitive Feasibility Study Update

Kore Potash plc, the potash development company whose flagship asset is the 97%-owned Sintoukola Potash Project ("Project") in the Republic of Congo, provides an update on the status of the Definitive Feasibility Study (DFS) for the Kola Project.

The French Consortium of Engineering Companies (Technip France, Vinci Construction Grand Projects, Egis International and Louis Dreyfus Armateurs) have informed the Company that the DFS documentation scheduled for delivery to the Company at the end of September is now scheduled for October 2018, when a period of review by the Company will commence.

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Contacts:
Brad Sampson	Jos Simson/ Edward Lee	Martin Davison/ James Asensio
Chief Executive Officer	Tavistock (UK media enquiries)	Canaccord Genuity - Nomad & Broker
Tel: [phone]	Tel: [phone]	Tel: [phone]
[e-mail]	[e-mail]	[e-mail]

www.korepotash.com

Forward-Looking Statements

This release contains statements that are "forward-looking". Generally, the words "expect," "potential", "intend," "estimate," "will" and similar expressions identify forward-looking statements. By their very nature and whilst there is a reasonable basis for making such statements regarding the proposed placement described herein; forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, to differ materially from those expressed or implied in any of our forward-looking statements, which are not guarantees of future performance. Statements in this release regarding the Company's business or proposed business, which are not historical facts, are "forward looking" statements that involve risks and uncertainties, such as Mineral Resource estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.

 

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