Kore Potash PLC – London-based owner of the Kola and DX potash projects in Republic of Congo – Says it has "conditionally" raised about USD12.2 million by way of direct subscriptions of new shares at 2.9 pence each. Subscribers include certain existing shareholders and new institutional investors. Plans to use the proceeds for working capital to implement its strategy for at least the next 12 months. Says it will also use proceeds to make final outstanding payment to PowerChina International Group Ltd for optimisation work undertaken in 2022 and 2023.
Current stock price in Johannesburg: 73 rand cents, up 7.4% on Thursday
12-month change: up 8.9%
Current stock price in London: 3.15 pence, up 8.6%
12-month change: up 5%
By Artwell Dlamini, Alliance News senior reporter South Africa
Comments and questions to newsroom@alliancenews.com
Copyright 2025 Alliance News Ltd. All Rights Reserved.


Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Wednesday and Thursday last week and not separately re...


(Alliance News) - Kore Potash PLC said on Wednesday it is focused on securing funding for the construction of its key potash project in the Republic o...


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...


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...