Share of Kore Potash Rise After Starting Formal Sale Process

MT Newswires Live

2025/11/05

Shares of Kore Potash (ASX:KP2) rose past 1% in Wednesday's trade after it said in a late Tuesday filing that it has started a formal sale process of the company and has received preliminary, non-binding indicative expressions from two parties for the potential acquisition of the company, according to a Wednesday filing with the Australian bourse.

The company is now in an "offer period" but is also considering possible funding for the construction of the Kola project in Africa, if a sale does not occur, the filing said.

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