Kore Potash PLC – London-based owner of the Kola and DX potash projects in Republic of Congo – Agrees to acquire a 0.46% interest in Sintoukola Potash SA for USD1 million from Etablissements MGM. Kore currently owns 97% of Sintoukola Potash, with the remaining 3% owned by MGM. In terms of the agreement, Kore has the right to acquire MGM's remaining 2.54% shareholding in Sintoukola Potash.
In a separate statement, Kore says one bidder has suspended its interest in acquiring the company. Kore had reported in November last year that two suitors had made approaches to take over Kore. Notes that the other party remains engaged in the formal sale process and is continuing its due diligence exercise.
Current stock price in Johannesburg: 74 rand cents
12-month change: up 28%
Current stock price in London: 3.62 pence, up 9.7%
12-month change: up 52%
By Artwell Dlamini, Alliance News senior reporter South Africa
Comments and questions to newsroom@alliancenews.com
Copyright 2026 Alliance News Ltd. All Rights Reserved.
Corporate News Mining Construction & Materials

SANTIAGO, June 3 (Reuters) - Chile's embattled state copper giant Codelco named Jorge Gomez as its new CEO on Wednesday as the company continues to ...


SANTIAGO, June 3 (Reuters) - Chile's Collahuasi copper mine, one of the largest in the world, named Patricio Hidalgo as its new CEO starting J...


Shuka Minerals PLC - Africa-focused mine operator and developer - Raises GBP150,000 through a subscription for 3.75 million new shares at 4 pence each...


Kore Potash PLC – London-based owner of the Kola and DX potash projects in Republic of Congo – Updates on draft non-binding financing term sheet regar...


(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday.


Kore Potash PLC - London-based owner of the Kola and DX potash projects in Republic of Congo - Says the Australian Securities Exchange on Thursday sus...


Jubilee Metals Group PLC - London-based metal processing company with projects in South Africa and Zambia - Says it is at the advanced stages on concl...


(Alliance News) - Kore Potash PLC said on Wednesday it remains focused on completing the financing of the Kola potash project in the Republic of Congo...


Kore Potash PLC - London-based owner of the Kola and DX potash projects in Republic of Congo - Requests that the Australian Securities Exchange and th...


Kore Potash PLC - London-based owner of the Kola and DX potash projects in Republic of Congo - Receives the draft financing proposal and associated dr...