Kore Potash (KP2): Possible offer
This situation live
KP2 Kore Potash
4 Nov 2025 · sale process · +9% until the next step
Kore confirms that it has received approaches from two parties, each of which is in the early stages of evaluating the possible acquisition of the entire issued, and to be issued, share capital of the
30 Jan 2026 · approach · 2.9p · +3% until the next step
The FSP has continued, including site visits and the conduct of due diligence.
Possible offer
approach
Offer2.9p in cash
Premium-6% on 3.1p
Spread now-19.4% to the offer
As of 11 Sep 2026 ↗
Every step · 3
- 4 Nov 2025 sale process – Kore confirms that it has received approaches from two parties, each of which is in the early stages of evaluating the possible acquisition of the entire... ↗
- 30 Jan 2026 approach · 2.9p – The FSP has continued, including site visits and the conduct of due diligence. ↗
- 11 Sep 2026 approach – Two parties were engaged in the Formal Sale Process as at 30 June 2026, and both remain engaged at the date of approval of this half-year report. ↗
What is happening
Kore Potash: Possible offer – approach. ['approach']
From the company's own announcements. Not investment advice.
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Project milestonesKola Potash financing and early works – Ministry of Finance to hold; legal process begun
Sale process / strategic reviewFormal sale process – Two parties engaged; no price or offer
Balance-sheet stress / refinancingGoing concern and funding gap – Cash US$7.54m at 30 June 2026
Kore Potash – company page →