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Kore Potash Raises $12.2M to Settle Key Payments and Boost Working Capital

7:01pm on Thursday 20th of November, 2025 AEDT Mining
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Kore Potash Raises $12.2M to Settle Key Payments and Boost Working Capital

7:01pm on Thursday 20th of November, 2025 AEDT
Key Points
  • Raised US$12.2 million via new ordinary shares at 2.9 pence each
  • Funds allocated to PowerChina payment, environmental assessments, legal costs, and working capital
  • New shares to be admitted on AIM, JSE, and ASX exchanges
  • Major shareholders Oman Investment Authority and SQM offered participation rights
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