Kore Potash, the Australian company listed in SA, Australia and on London’s Alternative Investment Market, is to have a secondary listing on the A2X exchange.
The potash development company with 97% ownership of the Kola and DX Potash Projects in the Sintoukola Basin, located in the Republic of Congo, will begin trading on A2X on May 14, it said in a statement on Tuesday.
The company will list under the share code “KP2”.
A2X is a licensed stock exchange authorised to provide a secondary listing venue for companies and is regulated by the SA Financial Sector Conduct Authority and the Prudential Authority of the Reserve Bank.
“The A2X listing will provide an additional venue to transact and increase the liquidity of trading of the ordinary shares,” the company said.
“Kore Potash’s listings on the London Stock Exchange (AIM), JSE and the Australian Securities Exchange and its issued share capital will be unaffected by the secondary listing on A2X,” it said.
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