Last checked at 23 May 2018 07:00
23 May 2018
Kore Potash plc
("Kore Potash" or the "Company")
Appointment of a Non-Executive Director
Kore Potash plc, the potash development company whose flagship asset is the 97%-owned Sintoukola Potash Project ("Kola" or the "Project"), is pleased to announce the appointment of Mr José Antonio Merino as a Non-Executive Director of the Board nominated by Sociedad Química y Minera de Chile S.A. ("SQM") with immediate effect. José Antonio replaces Pablo Altimiras, whose resignation was announced on 26 April 2018. Further to that announcement, Pablo's resignation from the Board will be effective immediately.
José Antonio, aged 36, joined SQM in 2016 and is currently M&A Director, prior to which he worked at EPG Partners as head of a mining private equity fund, at Asset Chile, a Chilean boutique investment bank, and at Santander Investment. He is a qualified Civil Engineer having graduated from Pontificia Universidad Católica de Chile.
David Hathorn, Non-executive Chairman, said: "I am very pleased to welcome José Antonio to the Board of Kore Potash. The support and investment from SQM has proved invaluable to the Company and we look forward to continued close co-operation as we advance our objective of becoming one of the world's lowest cost potash producers."
There is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two to the AIM Rules for Companies.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").
ENDS
For further information, please visit www.korepotash.com or contact:
Kore Potash David Hathorn
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| Tel: +27 11 469 9140
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Tavistock Communications Jos Simson Edward Lee
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| Tel: +44 (0) 20 7920 3150
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Canaccord Genuity - Nomad and Broker Martin Davison James Asensio
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| Tel: +44 (0) 20 7523 4600
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