Extension of Cleansing Prospectus Offer Period
Kore Potash Plc has extended the closing date of its cleansing prospectus offer, which aims to allow investors to apply for up to 7,000 CDIs at AUD0.058 each, to 5:00 PM Sydney time on May 31, 2026. This offer, initially announced on November 21, 2025, is primarily intended to remove trading restrictions on securities issued by the company. The extension provides additional time for investors to participate in the offer, with the potential for the closing date to be further adjusted by the company.
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Kore Potash (AIM: KP2, ASX: KP2, JSE: KP2, A2X: KP2), the potash development company with 97% ownership of the Kola Potash Project ("Kola" or the "Kola Project") and Dougou Extension ("DX") Potash Project in the Sintoukola Basin, located in the Republic of Congo ("RoC"), refers to the offer to certain investors to apply for up to 7,000 CDIs in the capital of the Company at an issue price of AUD0.058 per CDI as announced in its Cleansing Prospectus dated 21 November 2025 ("Offer").
Kore Potash advises that the Directors have resolved to extend the Closing Date of the Offer to 5.00pm (Sydney time) on 31 May 2026, subject to the right of the Company to close the Offer early or further extend the Closing Date.
The revised timetable for the Offer is set out below:
| Action | Date |
| Lodgement of Prospectus with ASIC and ASX | 21 November 2025 |
| Opening Date | 21 November 2025 |
| Closing Date* | 5.00pm (Sydney time) on 31 May 2026 |
* These dates are indicative only and may change without notice. The Directors reserve the right to bring forward or extend the Closing Date at any time after the Opening Date without notice. As such, the date the CDIs are expected to commence trading on ASX may vary with any change in the Closing Date.
As set out in the Cleansing Prospectus, the primary purpose of the Cleansing Prospectus is to remove any trading restrictions on the sale of any securities issued by the Company without disclosure under Chapter 6D of the Corporations Act 2001 (Cth) prior to the Closing Date.
Authorisation and Additional Information
This announcement was authorised by the Board of Kore Potash plc.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.