09 June 2021
Kore Potash plc
("Kore Potash" or the "Company")
Appointment of CFO
Kore Potash plc, the potash development company with 97%-ownership of the Kola and Dougou Extension ("DX") Potash Projects in the Sintoukola Basin, Republic of Congo ("RoC"), is pleased to announce the appointment of Mr. Jean-Michel Bour as Chief Financial Officer ("CFO").
Jean-Michel has a Bachelor's degree in Business Studies (Hons) with over 21 years' experience in the mining and oil & gas sectors. This includes a long period at BHP where he held several management and leadership roles, notably as Business Controller for the Nickel and Copper businesses and Head of Risk for Global Functions. Jean-Michel also worked as a consultant for Rio Tinto, designing and rolling-out a risk management improvement project for its Global Treasury, and has consulted for Anglo American.
Jean-Michel holds dual French & English citizenships and thrives in multicultural environments, having lived in Nigeria, the Republic of Congo, Cameroon, the Netherlands, France, US and Singapore.
Mr. Bour will report directly to the CEO and is not joining the Company's board.
As previously announced, the current CFO of Kore Potash, Mr. Andrey Maruta, has decided to stepdown from the CFO role effective 10 June 2021 to pursue other opportunities but will remain available to facilitate a smooth transition.
Brad Sampson, Chief Executive of Kore Potash, said: "I am very pleased to announce the appointment of Jean-Michel Bour as the new CFO of Kore Potash.
The Company is in a strong position to realise its potential in developing the world class Sintoukola Potash basin and Jean-Michel's experience in the sector will prove of great benefit to Kore as we move through the next stages of growth towards financing and production.
I would also like to thank Andrey Maruta for his contribution to the Company during his time as our CFO".
This announcement was approved by the Board of Kore Potash PLC.
ENDS
For further information, please visit www.korepotash.com or contact:
| Kore Potash Brad Sampson - CEO | | Tel: +27 11 469 9140 |
| Tavistock Communications Jos Simson Edward Lee | | Tel: +44 (0) 20 7920 3150 |
|
Canaccord Genuity - Nomad and Broker James Asensio Henry Fitzgerald-O'Connor | | Tel: +44 (0) 20 7523 4600 |
| Shore Capital - Joint Broker Jerry Keen Toby Gibbs James Thomas | | Tel: +44 (0) 20 7408 4050 |
| Questco Corporate Advisory - JSE Sponsor Mandy Ramsden
| | Tel: +27 (11) 011 9208
|
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