Extension of Cleansing Prospectus Offer Period

Summary by AI BETAClose X

Kore Potash Plc has extended the closing date for its cleansing prospectus offer, which allows investors to apply for up to 7,000 CDIs at AUD0.058 each, to 5:00 PM Sydney time on October 31, 2026. This offer, initially announced on November 21, 2025, aims to remove trading restrictions on securities issued by the company. The company reserves the right to close the offer early or extend it further, which may impact the trading commencement date of the CDIs on the ASX.

Disclaimer*

Kore Potash PLC
27 May 2026
 

Text Description automatically generated 

 


27 May 2026

Kore Potash Plc

("Kore Potash" or "the Company")

Extension of Cleansing Prospectus Offer Period


Kore Potash (AIM: KP2, ASX: KP2, JSE: KP2, A2X: KP2), the potash development company with 97.46% ownership of the Kola Potash Project ("Kola" or the "Kola Project") and Dougou Extension ("DX") Potash Project in the Sintoukola Basin, located in the Republic of Congo ("RoC"), refers to the offer to certain investors to apply for up to 7,000 CDIs in the capital of the Company at an issue price of AUD0.058 per CDI as announced in its Cleansing Prospectus dated 21 November 2025 ("Offer").

 

Kore Potash advises that the Directors have resolved to extend the Closing Date of the Offer to 5.00pm (Sydney time) on 31 October 2026, subject to the right of the Company to close the Offer early or further extend the Closing Date.

 

The revised timetable for the Offer is set out below:

 

Action

Date

Lodgement of Prospectus with ASIC and ASX

21 November 2025

Opening Date

21 November 2025

Closing Date*

5.00pm (Sydney time) on 31 October 2026

 

* These dates are indicative only and may change without notice. The Directors reserve the right to bring forward or extend the Closing Date at any time after the Opening Date without notice. As such, the date the CDIs are expected to commence trading on ASX may vary with any change in the Closing Date.

 

As set out in the Cleansing Prospectus, the primary purpose of the Cleansing Prospectus is to remove any trading restrictions on the sale of any securities issued by the Company without disclosure under Chapter 6D of the Corporations Act 2001 (Cth) prior to the Closing Date.

Authorisation and Additional Information

This announcement was authorised by the Board of Kore Potash plc.

 

 

ENDS

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

 

Kore Potash

André Baya, CEO
Andrey Maruta, CFO

 

Tel: +44 (0) 20 3963 1776

Tavistock Communications

Emily Moss

Nick Elwes

Josephine Clerkin

 

Tel: +44 (0) 20 7920 3150

SP Angel Corporate Finance - Nomad and Broker
Ewan Leggat

Charlie Bouverat

 

Tel: +44 (0) 20 7470 0470

Shore Capital - Joint Broker
Toby Gibbs

James Thomas

 

Tel: +44 (0) 20 7408 4050

Questco Corporate Advisory - JSE Sponsor
Doné Hattingh

Tel: +27 (63) 482 3802

 

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Kore Potash (KP2)
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