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Kore says two parties still engaged in formal sales process

Kore says two parties still engaged in formal sales process

Photo by Reuters

30th June 2026

By: Sabrina Jardim

Senior Online Writer

     

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Aim-listed potash development company Kore Potash has informed shareholders that there are still two parties engaged in the formal sales process (FSP) that the company started in November 2025.

The company reported in November last year that it had received approaches from two parties, each of which were evaluating the possible acquisition of the entire issued, and to be issued, share capital of Kore.

In February, however, one of the parties informed the company that it would not proceed in the FSP for internal reasons.

On June 8, Kore says, it was approached by a new party wishing to participate in the FSP, with that party having begun evaluating the possible acquisition of the entire issued, and to be issued, share capital of Kore.

Kore owns the Kola and DX potash projects, in the Sintoukola basin of Congo-Brazzaville.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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