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RNS Number : 3351W
African Potash Ltd
18 August 2015
 



African Potash Limited / Index: AIM / Epic: AFPO / Sector: Mining

18 August 2015

African Potash Limited ("African Potash" or "the Company")

Share Price Movement

 

African Potash, the AIM listed exploration company focused on sub-Saharan potash assets, notes the recent upward movement in the price of the Company's ordinary shares.

 

The Company confirms that, as indicated in its recent announcement dated 4 August 2015, it is negotiating with third parties to secure sale orders pursuant to the trading MOU with the Common market for Eastern and Southern Africa and the Mask Africa Crowd Farm Fund Limited (the "Trading MOU"). 

 

The Trading MOU is part of the Company's strategy to create a vertical platform for the mining, production and distribution of fertiliser, focussed on the Eastern and Southern Africa region and beyond.  At the same time, as announced on 4 August 2015, the Company is also continuing to develop strategic opportunities to add additional complementary industry divisions.

 

Further announcements will be made in due course as appropriate.

 

The Company is otherwise unaware of any reasons for its recent share price movement.

 

**ENDS**

 

For further information visit www.africanpotash.com or contact the following:

 

Chris Cleverly

African Potash Limited

+44 (0) 20 7236 1177

Stewart Dickson

Cantor Fitzgerald Europe

+44 (0) 20 7894 7000      

Jeremy Stephenson

Cantor Fitzgerald Europe

+44 (0) 20 7894 7000      

David Porter

Cantor Fitzgerald Europe

+44 (0) 20 7894 7000      

Nick Bealer

Cornhill Capital Limited

+44 (0) 20 7710 9610

Charlotte Heap

St Brides Partners Ltd

+44 (0) 20 7236 1177      

Hugo de Salis

St Brides Partners Ltd

+44 (0) 20 7236 1177 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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