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## AI legalese decoder: How It Can Help with legal Documents

### KORE Announces Shares for Debt Transaction

Vancouver, British Columbia–(Newsfile Corp. – March 29, 2024) – KORE Mining Ltd. (TSXV: KORE) (“KORE” or the “Company“) is pleased to announce the appointment of Jim Henning as Chief Financial Officer and director of the Company, effective March 28, 2024. Mr. Henning is a Chartered Accountant and the founder and president of Corpfinance Advisors Inc. since 1984. Mr. Henning has expertise and experience in valuating businesses in a broad range of industries. He has assisted companies in financing, public offerings, and restructuring. Areas of expertise include retail cannabis, manufacturing, telecommunications, software, biomedical, oil and gas services, and renewable energy industries. Mr. Henning has served as a Chief Financial Officer and director for a number of TSX Venture Exchange and Canadian Securities Exchange-listed companies over the past several years.

**AI legalese decoder**: By using an AI legalese decoder tool, you can simplify complex legal language in documents like the Consulting Agreement mentioned in the announcement. The tool can break down jargon, identify key terms, and provide plain language explanations, making it easier for non-legal professionals to understand the content of such agreements.

### Anil Jiwani’s Resignation and Board Change

Anil Jiwani has resigned as Chief Financial Officer and Corporate Secretary to pursue other opportunities, and the Company thanks Mr. Jiwani for the past 2 years of his services and wishes him success in his future endeavors.

**AI legalese decoder**: The AI legalese decoder can help interpret the legal implications of Anil Jiwani’s resignation and provide insights into the Company’s responsibilities and processes for transitioning key executives.

### Shares for Debt Transaction Details

The Company intends to settle certain outstanding accounts payable in the aggregate amount of $105,000 (the “Debt”) owed to an officer and director of the Company (the “Consultant”) through the issuance of up to 2,333,333 common shares of the Company (the “Settlement Shares”) at a deemed price of $0.045 per common share (the “Shares for Debt Transaction”).

**AI legalese decoder**: For the Shares for Debt Transaction, the AI legalese decoder can help determine compliance with relevant regulations, assess potential conflicts of interest, and ensure that the transaction is legal and transparent.

### About the Imperial Gold Project and Long Valley Gold Deposit

KORE owns 100% of the Mesquite-Imperial-Picacho District, which captures the entire 28-kilometer trend from the operating Mesquite mine to the closed Picacho mine and includes KORE’s Imperial project. The District hosts three deposits (Mesquite, Imperial, and Picacho) and offers significant exploration potential.

**AI legalese decoder**: By analyzing the legal aspects of mining projects like the Imperial Gold Project and Long Valley Deposit, the AI legalese decoder can help ensure compliance with environmental regulations, land rights, and permitting processes.

Overall, leveraging the AI legalese decoder can streamline legal document analysis, mitigate risks, and enhance understanding of complex legal matters in the corporate environment.

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