27 June 2024
Kore Potash Plc
("Kore Potash" or "the Company")
Appointment of Non-Executive Director
Kore Potash (AIM: KP2, ASX: KP2, JSE:KP2, A2X:KP2) ("the Company"), the potash development company with 97%-ownership of the Kola and DX Potash Projects in the Sintoukola Basin, located in the Republic of Congo announces the appointment of Mr Amit Kamlesh Kumar Mehta as a non-executive director to the Board, nominated by Oman Investment Authority ("OIA"), with effect from 26 June 2024.
Mr Amit Kamlesh Kumar Mehta is the Senior Manager in the Private Equity team at Oman Investment Authority (OIA), the Sovereign Wealth fund of Oman. He oversees the diversified investments strategy covering the Metals and Mining investments, Renewables and Energy Transition sector. He has over 14 years of Private Equity and Investment Banking experience working across the New York and Middle East regions. His position within OIA gives him commercial and corporate perspectives that will be of value to Kore Potash.
Mr David Hathorn the Chairman of Kore Potash said: "We welcome Amit to the Board and look forward to his contribution to the governance of the Company. In addition to OIA's considerable investment to date, it continues to provide important support for the development of our potash projects in the Republic of Congo".
This announcement has been approved for release by the Board of Kore Potash.
The following information is disclosed pursuant to Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies in relation to Amit Kamlesh Kumar Mehta, aged 40:
| Current directorships and/or partnerships: | Former directorships and/or partnerships (within the last five years):
|
| Orochem Pte Ltd Rotary Engineering Pte Ltd | Strategic & Precious Metals Processing (FZC) LLC SIGIT Oman Automotive Group LLC SIGIT Oman Automotive Group Europe SA
|
Mr Amit Kamlesh Kumar Mehta does not hold any shares in the Company.
ENDS
For further information, please visit www.korepotash.com or contact:
| Kore Potash Andre Baya, CEO Andrey Maruta, CFO | | Tel: +44 (0) 20 3963 1776 |
| Tavistock Communications Nick Elwes Josephine Clerkin | | Tel: +44 (0) 20 7920 3150 |
| SP Angel Corporate Finance - Nomad and Broker Ewan Leggat Charlie Bouverat | | Tel: +44 (0) 20 7470 0470 |
| Shore Capital - Joint Broker Toby Gibbs James Thomas | | Tel: +44 (0) 20 7408 4050 |
| Questco Corporate Advisory - JSE Sponsor Doné Hattingh | | Tel: +27 (11) 011 9205 |
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