Kore Potash appoints Sameer Oundhakar to its Board as Non-Executive Director nominated by the Oman Investment Authority

– UK, London –  Kore Potash plc (LON: KP2 | JSE: KP2 | ASX: KP2), the potash development company with 97%-ownership of the Kola and DX Potash Projects in the Sintoukola Basin, located within the Republic of Congo, today announced the appointment of Sameer Oundhakar to its Board as a Non-Executive Director nominated by the Oman Investment Authority with effect from 1 April 2021.

“The Board of Kore Potash is very pleased to have Sameer formally join the Board. From mid-2019 Sameer has been attending Kore Potash Board meetings as an observer and is well informed on the Company’s business and has been sharing valuable perspectives with the Board. As the manager of OIA’s investment in Kore, it is logical that Sameer formally represents OIA on our Board.” said Non-executive Chairman, David Hathorn.

Sameer Oundhakar replaces Tim Keating who has resigned from the Board with effect from 1 April 2021.

David Hathorn added: “I also wish to thank Tim Keating for his input and support since the initial OIA investment in Kore in 2016. Tim’s support was key to OIA’s investment in the Company and he has been an active contributor to the Board. We all wish him well for his future endeavors.”

About Sameer Oundhakar

Sameer Oundhakar joined OIA in 2018 and currently holds the position of Senior Manager – Diversified Private Equity Investments. He has extensive private equity experience across diverse industry sectors/geographies and represents OIA on investee company boards in Europe, Latin America, and the Middle East. He has lived and worked in the Middle East, UK, France, and India.

Sameer Oundhakar has a Bachelor’s degree with distinction in Mechanical Engineering from VJTI Mumbai, a Post Graduate Diploma in Management from IIM Lucknow, and an MBA from INSEAD.

For more information: https://korepotash.com/

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