KP2 Kore Potash Plc

TIDMKP2

RNS Number : 1941N

Kore Potash PLC

18 May 2020

18 May 2020

Kore Potash Plc

("Kore Potash" or the "Company")

Correction to DX PFS

This is a correction to the announcement 'Dougou Extension (DX) Project Pre-Feasibility Study' ("DX PFS") made on 13 May 2020. It corrects Appendix A Figure 18: DX Project Cash Flow Forecast (real Q4 2019).

Further to the publication of the DX PFS on 13 May 2020, the Company seeks to correct an error contained in a figure published via the Australian Stock Exchange.

Figure 18: DX Project Cash Flow Forecast (real Q4 2019), showed an incorrect revenue profile based on a fixed selling price, whereas the correct information is a price profile based on a forecast selling price over time. The corrected Figure 18 is available in the corrected Dougou Extension (DX) Project Pre-Feasibility document available on the Company website. The remainder of the information in the announcement is correctly portrayed.

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 
 

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

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May 18, 2020 05:00 ET (09:00 GMT)

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