Kore Potash Surges: CDIs Rise in July

  • Kore Potash reports a net increase in CDIs for July 2023.
  • The CDI balance rose by 2,013,331, reaching 670,850,464 on 31 July 2023.
  • The positive movement reflects investor confidence and interest in Kore Potash's potash exploration projects.
kore potash

Kore Potash plc has announced its CDI (Chess Depositary Interests) monthly movement for the month of July 2023. The company listed on multiple stock exchanges including ASX, AIM, and JSE, and it reported a net increase in CDIs.

According to the statement provided by Kore Potash, the CDI balance at the end of June 2023 was 668,837,133. Over the course of July 2023, there was a net movement of 2,013,331 CDIs. As a result, the CDI balance on 31 July 2023 reached 670,850,464.

The net movement in CDIs represents the increase or decrease in the number of CDIs quoted on the ASX due to transfers between CDIs quoted on ASX and ordinary shares quoted on AIM and JSE. The ASX requires companies with dual listings and CDIs issued over quoted securities to report these changes on a minimum monthly basis.

The CDI movement reflects the growing interest in Kore Potash and its potash exploration and development projects. Potash, a critical fertilizer ingredient, is in high demand globally, driven by the increasing need to enhance agricultural productivity and ensure food security. Kore Potash’s focus on sustainable resource development has also garnered attention from socially responsible investors seeking environmentally conscious opportunities.

Investors and stakeholders have access to the full Appendix 4A on the ASX website, which contains additional details regarding the CDIs and other securities on issue.

Kore Potash’s strategy and strong performance have attracted interest from various brokers and corporate advisors. The company’s joint brokers, SP Angel and Shore Capital, play significant roles in the company’s growth journey and maintaining investor confidence.

In addition, Questco Corporate Advisory acts as the JSE sponsor, overseeing compliance with regulations on the Johannesburg Stock Exchange. Their involvement emphasizes Kore Potash’s commitment to conducting business responsibly and ethically.

For further information about Kore Potash and its operations, interested parties are encouraged to visit the company’s official website at www.korepotash.com.

Visited 1 times, 1 visit(s) today

Stay ahead in the financial world – Sign Up to Rateweb’s essential newsletter for free. Get the latest insights on business trends, tech innovations, and market movements, directly to your inbox. Join our community of savvy readers and never miss an update that could impact your financial decisions.

Do you have a news tip for Rateweb reporters? Please email us at


Start trading with a free $30 bonus

Trade stocks, forex, commodities, metals and CFDs on stock indices with an internationally licensed and regulated broker. For all clients who open their first real account, XM offers a $30 trading bonus without any initial deposit needed. Learn more about how you can trade over 1000 instruments on the XM MT4 and MT5 platforms from your PC and Mac, or from a variety of mobile devices.


Personal Financial Tools

Below is a list of tools built to assist South Africans to make the best financial decisions:



South Africa’s primary source of financial tools and information

Contact Us



Rateweb strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products, shopping products and services are presented without warranty. When evaluating offers, please review the financial institution’s Terms and Conditions.

Rateweb is not a financial service provider and should in no way be seen as one. In compiling the articles for our website due caution was exercised in an attempt to gather information from reliable and accurate sources. The articles are of a general nature and do not purport to offer specialised and or personalised financial or investment advice. Neither the author, nor the publisher, will accept any responsibility for losses, omissions, errors, fortunes or misfortunes that may be suffered by any person that acts or refrains from acting as a result of these articles.