Kore Potash PLC Notice Under Section 708A (1177G)
July 19 2019 - 5:01AM
UK Regulatory
TIDMKP2
RNS Number : 1177G
Kore Potash PLC
19 July 2019
KORE POTASH PLC
Notice under section 708A(5)(e) of the Corporations Act 2001
(Cth)
Kore Potash plc, the potash development company whose flagship
asset is the 97%-owned Sintoukola Potash Project ("Kola" or the
"Project"), (Company) refers to the ASX announcement dated 19 July
2019 in relation to the issue of 646,914,254 new ordinary shares
(Shares) in the capital of the Company (equivalent to 646,914,254
CHESS Depositary Interests (CDIs)) to certain eligible existing and
new investors at GBP0.016 per Share to raise US$13,123,561
(Placement Shares).
The Placement Shares were issued today and rank equally with the
Company's existing ordinary shares on issue. On conversion of the
Placement Shares to CDIs, those CDIs will rank equally with all
other CDIs on issue.
The Company gives notice under section 708A(5)(e) of the
Corporations Act 2001 (Cth) (Corporations Act) as modified by ASIC
Class Order 14/827 that:
-- the Placement Shares were issued without disclosure to
investors under Part 6D.2 of the Corporations Act;
-- as at the date of this notice, the Company has complied with:
- section 601CK of the Corporations Act, as it applies to the Company; and
- section 674 of the Corporations Act; and
-- as at the date of this notice, there is no "excluded
information" within the meaning of sections 708A(7) and 708A(8) of
the Corporations Act which is required to be disclosed under
section 708A(6)(e) of the Corporations Act.
19 July 2019
ENDS
For further information, please visit www.korepotash.com or
contact:
Kore Potash Tel: +27 11 469 9140
Brad Sampson - CEO
Tavistock Communications Tel: +44 (0) 20 7920 3150
Jos Simson
Edward Lee
Canaccord Genuity - Nomad and Tel: +44 (0) 20 7523 4600
Broker
James Asensio
Henry Fitzgerald-O'Connor
Shore Capital - Joint Broker Tel: +44 (0) 20 7408 4050
Jerry Keen
Toby Gibbs
Mark Percy
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCRLMPTMBTBMFL
(END) Dow Jones Newswires
July 19, 2019 05:01 ET (09:01 GMT)
Kore Potash (LSE:KP2)
Historical Stock Chart
From Apr 2024 to May 2024
Kore Potash (LSE:KP2)
Historical Stock Chart
From May 2023 to May 2024