Haynes Boone advised Kore Potash on its latest fundraising through direct subscriptions of new ordinary shares. The potash exploration and development company conditionally raised approximately $12.2 million (£9.2 million), and the new capital will support several key workstreams for its flagship Sintoukola Potash Project in the Republic of Congo.
Kore Potash is an advanced-stage mineral exploration and development company that is incorporated in England and Wales and listed on AIM, a market operated by the London Stock Exchange, the Australian Securities Exchange (ASX) and the JSE Limited (JSE) in South Africa.
Haynes Boone Capital Markets Partner Nick Davis led the deal team, supported by Associate Ravina Mahajan and Trainee Solicitor Johanna Reimann. This transaction follows Haynes Boone’s work on Kore Potash’s fundraising round in March.
“It was a pleasure to work with Kore again as they continue progressing the Kola Project,” Davis said. “We are proud to advise the company on another important milestone in the development of one of the industry’s most significant potash projects.”
Haynes Boone’s Capital Markets Practice advises on high-value public offerings, including IPOs, PIPEs, reverse mergers and dual listings. The team has led landmark deals across energy, tech, life sciences and financial services, including one of the largest IPOs in LSE history and the first Nasdaq-LSE dual listing of this century. Clients rely on our cross-border experience and integrated counsel across major U.S., U.K. and global exchanges for securities transactions, compliance and REIT structuring.
