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Kore Potash says two bidders remain engaged in formal sale process

Kore Potash says two bidders remain engaged in formal sale process

BitgetBitget2026/10/30 07:01
  • Kore Potash focused its third quarter ended September 30, 2026, on clarifying its Mining Convention’s application under Congo’s new mining law.
  • Two parties remain engaged in the formal sale process, conducting due diligence on a potential acquisition of the entire share capital.
  • Quarter-end cash stood at approximately US$ 6.4 million; exploration spending totaled US$ 662,000.
  • The Mining Convention requires construction to begin by June 8, 2027; no construction or mining production occurred during the quarter.
  • Kola validation tests achieved concentrate grades of 96.91% KCl, up 3.12 percentage points from 2018; recovery was essentially unchanged at 83.46%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kore Potash plc published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S605806), on October 30, 2026, and is solely responsible for the information contained therein.

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