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Kore Potash PLC London-based owner of the Kola and DX potash projects in Republic of Congo Says it has ‘conditionally’ raised about $12.2 million by way of direct subscriptions of new shares at 2.9 pence each. Subscribers include certain existing shareholders and new institutional investors. Plans to use the proceeds for working capital to implement its strategy for at least the next 12 months. Says it will also use proceeds to make final outstanding payment to PowerChina International Group Ltd for optimisation work undertaken in 2022 and 2023. Current stock price in Johannesburg: 73 rand cents, up 7.4% on Thursday 12-month change: up 8.9% Current stock price in London: 3.15 pence, up 8.6% 12-month change: up 5% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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