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Spread: 0.20 (6.897%)
Market Cap: £155.28m
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EPC Received

26 Mar 2019 07:00

RNS Number : 9321T
Kore Potash PLC
26 March 2019
 

25 March 2019

 

Kore Potash Plc

("Kore Potash" or the "Company")

Engineering Procurement and Construction Proposal (EPC) Received

 

Kore Potash plc, the potash development company whose flagship asset is the 97%-owned Sintoukola Potash Project ("Project") in the Republic of Congo, provides an update on the Engineering, Procurement and Construction (EPC) proposal for the Kola Project.

 

Further to the Company's announcement on 29th January 2019, the Company confirms that on Saturday 23 March 2019, the French Consortium of Engineering Companies (Technip France, Vinci Construction Grand Projects, Egis International and Louis Dreyfus Armateurs) delivered an EPC proposal for the Kola Project for the Company's consideration. The EPC Proposal was delivered after the due date for delivery, which was 28 February 2019. The management of Kore intend to consider all options for the development of Kola.

 

ENDS

 

For further information, please visit www.korepotash.com or contact:

 

 

Kore Potash

Brad Sampson - CEO

 

Tel: +27 11 469 9140

info@korepotash.com

Tavistock Communications

Jos Simson

Edward Lee

 

Tel: +44 (0) 20 7920 3150

kore@tavistock.co.uk

Canaccord Genuity - Nomad and Broker

Martin Davison

James Asensio

 

Tel: +44 (0) 20 7523 4600

korepotash@canaccordgenuity.com

 

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