IN BRIEF: Kore Potash buys stake in Sintoukola, eyes remaining shares

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.

Kore Potash PLC