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18 Aug 2015 09:45
African Potash Limited / Index: AIM / Epic: AFPO / Sector: Mining
18 August 2015
African Potash Limited ("African Potash" or "the Company")
Share Price Movement
African Potash, the AIM listed exploration company focused on sub-Saharan potash assets, notes the recent upward movement in the price of the Company's ordinary shares.
The Company confirms that, as indicated in its recent announcement dated 4 August 2015, it is negotiating with third parties to secure sale orders pursuant to the trading MOU with the Common market for Eastern and Southern Africa and the Mask Africa Crowd Farm Fund Limited (the "Trading MOU").
The Trading MOU is part of the Company's strategy to create a vertical platform for the mining, production and distribution of fertiliser, focussed on the Eastern and Southern Africa region and beyond. At the same time, as announced on 4 August 2015, the Company is also continuing to develop strategic opportunities to add additional complementary industry divisions.
Further announcements will be made in due course as appropriate.
The Company is otherwise unaware of any reasons for its recent share price movement.
**ENDS**
For further information visit www.africanpotash.com or contact the following:
Chris Cleverly | African Potash Limited | +44 (0) 20 7236 1177 |
Stewart Dickson | Cantor Fitzgerald Europe | +44 (0) 20 7894 7000 |
Jeremy Stephenson | Cantor Fitzgerald Europe | +44 (0) 20 7894 7000 |
David Porter | Cantor Fitzgerald Europe | +44 (0) 20 7894 7000 |
Nick Bealer | Cornhill Capital Limited | +44 (0) 20 7710 9610 |
Charlotte Heap | St Brides Partners Ltd | +44 (0) 20 7236 1177 |
Hugo de Salis | St Brides Partners Ltd | +44 (0) 20 7236 1177 |
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