Kore Potash PLC (GB:KP2) has released an update.
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Kore Potash PLC has successfully progressed in negotiations with PowerChina regarding the Engineering Procurement Construction contract for its Kola project, with agreements close to finalization after meetings in Beijing and Dubai. The company completed significant fund raises, totaling approximately $1.75 million, and appointed key personnel, including a new CEO and non-executive director. With a current cash position of $959,956, Kore Potash is moving closer to securing the necessary financing to commence the construction of the Kola Potash Project in the Republic of Congo.
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