African Potash Ltd. (AFPO)
20-Oct-2017 / 17:11 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
20 October 2017
AFRICAN POTASH LIMITED
("African Potash" or the "Company")
Termination of discussions re proposed acquisition
On 21 April 2017, African Potash announced that it had signed a Letter of Intent ('LoI') in connection
with the proposed acquisition by the Company of Onshore Energy Limited ('OEL'), a private investment
company that invests in unquoted companies ( the 'Acquisition').
In light of the recent progress made with the Company's African fertilizer business, the Board has agreed
that there would be no benefit in pursuing the acquisition.
The Directors of the Company accept responsibility for the content of this announcement.
**ENDS**
For further information visit www.africanpotash.com or contact the following:
For further information, please contact:
African Potash Limited
Chris Cleverly +44 (0) 20 7408 9200
NEX CORPORATE ADVISER:
Alexander David Securities Limited
David Scott -Corporate Finance +44 (0) 20 7448 9820
James Dewhurst - Corporate Broking +44 (0) 20 7448 9820