Kore expects EPC finalisation in Q2, following which financing will ensue

Congo-Brazzaville-focused miner Kore Potash has advised that the condition for conversion of five convertible loan notes (CLN) totalling $530 000 has been met, and, accordingly, these will now be converted into 109-million new ordinary shares in the company at a price of 0.38p apiece. The company will use the proceeds to advance work on the Kola project, as well as for working capital.