(Alliance News) - Kore Potash PLC on Tuesday confirmed it continues to progress its projects in the Republic of Congo and their associated funding requirements.
The statement came as the UK-based miner received a share price query letter from the Australian Securities Exchange following a significant increase in its share price.
Kore Potash shares were trading 13% higher in London on Tuesday at 1.83 pence each, while in Johannesburg, the stock was up 9.1% at ZAR0.36 a share.
The company said it is not aware of any information concerning the change in the price of its shares that has not been announced, which, if known by some in the market, could explain the recent trading move.
By Evelina Grecenko; evelinagrecenko@alliancenews.com
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Kore Potash (KP2)