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Kore raises $10.6m for Kola potash in share issue

Summary by Miningmx
KORE, a UK-listed potash mineral development firm, said it had raised $10.6m before costs from a share placement and direct subscriptions. Funds from the shares issued would be used primarily to pay for early works for its 97%-owned, $2bn Kola project in the Republic of Congo (RoC). Kore’s shares were placed at 1.7 pence per share versus a current share price 2.08p/share. The stock is up three-fold in the past 12 months. Kola has been designed t…
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Kore raises $10.6m for Kola potash in share issue

KORE, a UK-listed potash mineral development firm, said it had raised $10.6m before costs from a share placement and direct subscriptions. Funds from the shares issued would be used primarily to pay for early works for its 97%-owned, $2bn Kola project in the Republic of Congo (RoC). Kore’s shares were placed at 1.7 pence per share versus a current share price 2.08p/share. The stock is up three-fold in the past 12 months. Kola has been designed t…

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Miningmx broke the news in on Monday, March 24, 2025.
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