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Management Changes

16 Jul 2021 07:30

RNS Number : 4539F
Kore Potash PLC
16 July 2021
 

16 July 2021

Kore Potash Plc

("Kore Potash" or the "Company")

Management Changes

Kore Potash, the potash development company with 97%-ownership of the Kola and DX Potash Projects in the Sintoukola Basin, located within the Republic of Congo, announces that the Company's Chief Financial Officer, Mr Jean Michel Bour, has informed the Board of his intention to leave Kore Potash due to personal reasons.

Jean Michel was appointed to the role of Chief Financial Officer on 9 June 2021. Jean Michel has advised the Company that his personal circumstances are now such that he is not able to continue in the role. Jean Michel steps aside from the CFO role with immediate effect and shall continue to work with the Company until 15 August to complete agreed tasks.

Ms Amanda Farris has been appointed as interim CFO while a search is conducted for a permanent CFO. Ms Farris will report direct to the CEO and is not joining the Board of the Company.

She has been working with the Company since May 2021, providing commercial support and assistance to the CFO and is well positioned to assume the CFO responsibilities.

Ms Farris is an Australian Chartered Accountant with over 20 years' experience in the mining industry with a broad skill base including financial management, business support services, feasibility studies, mining and processing constructing projects, contract negotiations and mining and exploration operations. The corporate and operations leadership and management roles she has held have been in Australia, Indonesia, Cote d Ivoire and the Democratic Republic of the Congo with companies including Newcrest Mining, De Grey Mining, Tiger Resources and Iluka Resources.

Brad Sampson, the Chief Executive Officer of Kore Potash said, "We are disappointed that Jean Michel's personal circumstances have required his departure from our Company and wish him well for the future."

"We are also fortunate that Ms Farris is available to immediately step in as our interim CFO. She is a highly respected chartered accountant who is already familiar with all of the Company's accounts and people".

This release was approved by the Board of Kore Potash.

ENDS

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

 

Kore Potash

Brad Sampson - CEO

Tel: +27 84 603 6238

Tavistock Communications

Jos Simson

Oliver Lamb

Tel: +44 (0) 20 7920 3150

Canaccord Genuity - Nomad and Broker

James Asensio

Henry Fitzgerald-O'Connor

Tel: +44 (0) 20 7523 4600

Shore Capital - Joint Broker

Jerry Keen

Toby Gibbs

James Thomas

Tel: +44 (0) 20 7408 4050

 Questco Corporate Advisory - JSE Sponsor

Mandy Ramsden

Tel: +27 (11) 011 9208

 

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Date   Source Headline
13th Nov 20252:30 pmRNSForm 8.3 - Kore Potash Plc
13th Nov 202510:55 amGNWForm 8.5 (EPT/RI) - Kore Potash Plc
12th Nov 202511:58 amRNSForm 8.3 - Kore Potash plc
12th Nov 20257:00 amRNSForm 8.3 - Kore Potash PLC
11th Nov 202510:27 amGNWForm 8.5 (EPT/RI) - Kore Potash Plc
10th Nov 202510:50 amGNWForm 8.5 (EPT/RI) - Kore Potash Plc
7th Nov 202511:19 amGNWForm 8.5 (EPT/RI) - Kore Potash Plc
6th Nov 20252:45 pmRNSRule 2.9 Announcement
6th Nov 20257:00 amRNSCDI Monthly Movement
5th Nov 20252:17 pmRNSForm 8.3 - Kore Potash plc
5th Nov 202510:59 amGNWForm 8.5 (EPT/RI) - Kore Potash Plc
4th Nov 20257:30 amRNSCommencement of Formal Sale Process
31st Oct 20257:00 amRNSReview of Operations - Quarter ended 30 Sept 2025
13th Oct 20257:00 amRNSResults of shareholders analysis
6th Oct 20257:00 amRNSCDI Monthly Movement
12th Sep 20257:00 amRNSFinancial Results for Half Year Ended 30 June 2025
4th Sep 20257:00 amRNSCDI Monthly Movement
5th Aug 20257:00 amRNSCDI Monthly Movement
31st Jul 20257:00 amRNSReview of Operations - Quarter ended 30 June 2025
29th Jul 20257:00 amRNSIssue of CDI’s under Cleansing Prospectus
4th Jul 20257:00 amRNSCDI Monthly Movement
11th Jun 20253:02 pmRNSResult of AGM
10th Jun 20259:15 amRNSNon-Binding Term Sheets for US$2.2 billion signed
9th Jun 20257:00 amRNSRemote Access to AGM
4th Jun 20257:00 amRNSCDI Monthly Movement
2nd Jun 20253:56 pmRNSDraft non-binding financing Term Sheet Update
29th May 20257:00 amRNSExtension of Cleansing Prospectus Offer Period
12th May 20257:00 amRNSNotice of 2025 Annual General Meeting
7th May 20257:00 amRNSCDI Monthly Movement
1st May 20258:00 amRNSStatement re. Suspension
30th Apr 20257:00 amRNSReview of Operations - Quarter ended 31 March 2025
29th Apr 202512:51 pmRNSTrading Halt
28th Apr 20253:23 pmRNSDraft non-binding financing Term Sheet received
22nd Apr 20257:00 amRNSConditional Grant of Options
4th Apr 20257:00 amRNSCDI Monthly Movement
2nd Apr 20257:15 amRNSResults of shareholders analysis
2nd Apr 20257:15 amRNSNotification of Major Shareholding
2nd Apr 20257:00 amRNSFundraise of US$10.6m – Chairman’s participation
1st Apr 20252:34 pmRNSKola Financing Term Sheet Update
31st Mar 20257:00 amRNSFinancial Results for Year Ended 31 December 2024
25th Mar 20257:00 amRNSExtension of Cleansing Prospectus Offer Period
21st Mar 20252:07 pmRNSFundraise to raise approximately US$10.6 million
6th Mar 20257:00 amRNSCDI Monthly Movement
27th Feb 20258:44 amRNSConfirmation of mineral resource for Kola Deposit
27th Feb 20258:43 amRNSKola Project Optimised DFS update
5th Feb 20257:00 amRNSCDI Monthly Movement
30th Jan 20257:30 amRNSExtension of Cleansing Prospectus Offer Period
30th Jan 20257:00 amRNSReview of Operations for Quarter ended 31 Dec 2024
20th Jan 20259:37 amRNSResults of shareholders analysis
7th Jan 20257:00 amRNSCDI Monthly Movement

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