Kore Potash Expands Listing to A2X for Better Liquidity and Increased Access

Kore Potash Expands Listing to A2X for Better Liquidity and Increased Access
Kore Potash Expands Listing to A2X for Better Liquidity and Increased Access

(Ecofin Agency) – Kore Potash is a British mining company listed on the Australian ASX Stock Exchange, in London and Johannesburg. She manages the Sintoukola project, considered the largest potash deposit in Congo and one of the largest in the world.

Kore Potash shares will be available for trading on the South African A2X stock market from May 14, 2024. This is the announcement made this Tuesday, May 7, 2024 by the British mining company, owner of the giant Sintoukola potash deposit in the Republic of Congo, which is now present on four stock exchanges, including those in London and Johannesburg.

A2X is a stock market for secondary listings of several mining companies operating in Africa, including the AngloGold Ashanti, Harmony and Impala Platinum groups. This platform allows them to access additional liquidity while ensuring low transaction fees, according to its CEO, Kevin Brady.

By registering on the A2X platform, efficient and inexpensive, we give shareholders the opportunity to carry out transactions at the best price on all African markets. », explains André Baya (photo), CEO of Kore Potash.

The listing on A2X comes at a time when Kore Potash is in negotiations to obtain the financing necessary to build a potash mine in Congo. An engineering, procurement and construction contract should be signed by the end of June 2024 with a Chinese group.

Also read:

04/04/2024 – Former Fortescue manager André Baya will negotiate financing for Congo’s largest potash mine

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