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Kore Potash Plc (ASX:KP2)

ALERT: Price-sensitive ASX Announcement for KP2
Current share price for KP2 : $0.061 0.001 (1.67%)+
Announcement
Release
30 Apr 2026 3:59PM
Price at Release
$0.060
Full Release
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Summary
The quarterly activities and cashflow report for Kore Potash Plc highlights a period where no interest or finance costs were paid. The company did not acquire significant new assets or dispose of existing ones. Exploration and evaluation expenditures reached $694,000, while $1,000,000 was invested. There were no proceeds from borrowings or equity issues during this period. The company's cash at the beginning of the period was $10,555,000, with net cash used in operating activities being $513,000 and net cash used in investing activities totaling $1,694,000. The cash balance was also affected by exchange rate movements.
Key Points
  • Interest and other finance costs were not incurred during the period.
  • The company did not acquire any entities or dispose of significant assets.
  • Exploration and evaluation expenses amounted to $694,000.
  • Investments totaling $1,000,000 were made.
  • No proceeds from borrowings or equity issues were recorded.
  • Cash at the beginning of the period was $10,555,000.
  • Net cash used in operating activities was $513,000.
  • Net cash used in investing activities totaled $1,694,000.
  • Exchange rate movements affected cash balances.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.