Kore Potash to list on the A2X
Mineral exploration and development company Kore Potash will list its shares on South Africa’s A2X Markets, with its shares to be available for trade on the exchange from May 14.
It is already listed on the LSE’s Aim market, the JSE and the ASX and these listings will remain unaffected by its secondary listing on A2X.
Through the development of the Sintoukola potash basin in the Congo-Brazzaville, Kore says it is working to bring its globally significant potash deposits into production.
Potash is the name for the group of minerals that provide potassium for plant growth.
The company is aiming to be among the world’s lowest-cost potash producers owing to the favourable location, large size, high grade and shallow depth of its Congo-Brazzaville deposits.
“We combine the latest technologies and efficiencies to meet Kore’s ambition to become one of the world’s lowest-cost potash producers. By listing on the efficient and low-cost A2X platform, we extend our philosophy to shareholders and allow them the opportunity to transact at the best price across markets in Africa,” says Kore CEO André Baya.
Kore Potash joins other companies from the mining sector with listings on A2X including AngloGold Ashanti, African Rainbow Minerals, DRDGOLD, Exxaro Resources, Harmony Gold, Impala Platinum, Merafe Resources, Pan African Resources, Tharisa and most recently, Neo Energy Metals and Marula Mining, which have inward-listed their shares on A2X from the UK.
“We are looking forward to welcoming Kore Potash to our market next week and demonstrating the benefits that a secondary listing can bring to their shareholders. Not only does it provide an alternative venue on which to transact and access additional liquidity but our low fee structure also drives significant savings,” says A2X CEO Kevin Brady.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation