Kore Potash PLC Appointment of CFO (5870K)
30 August 2019 - 5:00PM
UK Regulatory
TIDMKP2
RNS Number : 5870K
Kore Potash PLC
30 August 2019
30 August 2019
Kore Potash plc
("Kore Potash" or the "Company")
Appointment of CFO
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. Andrey
Maruta as Chief Financial Officer ("CFO"), effective from 23
September 2019.
Andrey is a Fellow Chartered and Certified Accountant, with over
16 years' experience in the mining industry including as CFO at
Petropavlovsk Plc, which has a Premium Listing on the LSE. Andrey
also has worked in the audit function at accountancy firm Moore
Stephens International in both the UK and the Russian Federation.
Mr. Maruta will report directly to the CEO and is not joining the
Company's board.
The current CFO of Kore Potash, Mr. John Crews, has decided to
stepdown from the CFO role for personal reasons but will remain
available into November to facilitate a smooth transition.
Brad Sampson, Chief Executive of Kore Potash, said: "I am very
pleased to announce the appointment of Andrey Maruta as the new CFO
of Kore Potash.
"The Company is in a strong position to realise its potential in
developing the world class Sintoukola Potash basin and Andrey's
experience in the sector will prove of great benefit to Kore as we
move through the next stages of growth towards financing and
production.
I would also like to thank John Crews for his contribution to
the Company over the past two years."
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
Jos Simson 3150
Edward Lee
Canaccord Genuity - Nomad and Tel: +44 (0) 20 7523
Broker 4600
James Asensio
Henry Fitzgerald-O'Connor
Shore Capital - Joint Broker Tel: +44 (0) 20 7408
Jerry Keen 4050
Toby Gibbs
James Thomas
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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