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Change in Non-Executive Director

2 Sep 2021 13:12

RNS Number : 5773K
Kore Potash PLC
02 September 2021
 

2 September 2021

 

Kore Potash Plc

("Kore Potash" or the "Company")

Change in Non-Executive Director

Kore Potash plc, the potash development company with 97%-ownership of the Kola and DX Potash Projects in the Sintoukola Basin, located within the Republic of Congo ("RoC"), is pleased to announce the appointment of Mr Ignacio Joaquin Majluf Caceres as a Non-Executive Director of the Board nominated by its shareholder Sociedad Química y Minera de Chile S.A. ("SQM") with effect from 1 September 2021.

Ignacio replaces Ms Trinidad Reyes, who has taken maternity leave from SQM and has resigned from the Board with effect from 1 September 2021.

Ignacio Majluf, aged 32, joined SQM in 2013 and reports to the Chief Financial Officer of SQM. Ignacio completed an Industrial Civil Engineering degree specialising in environmental engineering having graduated from Pontificia Universidad Católica de Chile in 2013. Ignacio also completed the Executive MBA at the Antwerp Management School in 2021.

David Hathorn, Non-executive Chairman, said: "I am pleased to welcome Ignacio to the Board of Kore Potash. Ignacio has a strong commercial focus and sound understanding of the SQM business from his time spent representing SQM in Europe."

"SQM is a globally significant potash producer and continues to provide our Company with valuable support. We look forward to continued close co-operation as we advance our objective of becoming one of the world's lowest cost potash producers."

"We also take this opportunity to thank Trinidad for her contribution to the governance of Kore over the period she has been on our Board".

Save as set out below there is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two to the AIM Rules for Companies.

Current directorships/partnerships

Cuppa Ltda

**END**

 

This announcement has been approved for release by the Board of Kore Potash plc.

 

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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