Exciting Times For KP2, page-304

From the recent announcement: Comment from Brad Sampson, Chief Executive of Kore Potash :

"We have made good progress during the first half of 2022, having taken receipt of the Kola Optimisation Study and shared the outcomes with the market, including the US$520 million reduction in the capital cost of Kola and a reduction in the expected construction timeline to 40 months."

"We are also proud to have signed a Heads of Agreement for Kola’s construction, advancing the Kola project at pace despite the difficult circumstances facing the global economy.Recent geopolitical and extreme weather events, which have led to food security concerns and a dramatic increase in the potash price, only reinforce the need for the development of new low-costpotash production from high quality potash deposits located close to customers, such as our projects in the Sintoukola basin."

"The progress towards financing our Kola Project is exciting and we look forward to receiving the financing proposal.”