(via Thenewswire.ca) Vancouver, British Columbia - July 21st, 2013 - PacifIC Potash Corp. (TSX-V: PP; OTCQX: PPOTF; FSE: P9P, "Pacific Potash", "the Company") is pleased to announce that the Company intends to permit for its initial 6 wells. The targets were selected based on geologic potential, proximity to historic and new potash discoveries and logistical ease of access amongst other factors. Because of the [...]
Pacific Potash is pleased to announce that it has engaged Ocean Capital a Hong Kong based Merchant Bank with long standing corporate relationships throughout Hong Kong, Shanghai, Beijing, Singapore and Seoul Korea. Ocean Capital will work to elevate the Company’s visibility among potential investment, hedge, mutual, and pension funds, private equity firms and high net worth individuals. They will also provide advisory [...]
Pacific Potash is pleased to announce that since April 24th 2013 the Company has raised $6.35 million from 3 separate equity raises. Pacific Potash is now well capitalized for it’s upcoming exploration and drill program. In addition to the equity raises the Company has recruited a cornerstone investment partner (Sino-Canada Natural Resources Fund) and signed an MOU for a potash off-take agreement with CapitalAsia [...]
Pacific Potash is pleased to announce that since April 24th 2013 the Company has raised $6.35 million from 3 separate equity raises. Pacific Potash is now well capitalized for its upcoming exploration and drill program. Pacific Potash has also been notified by the ANP (National Petroleum Agency of Brazil) that the remaining seismic line data that Pacific Potash had previously applied for has been approved for purchase and [...]
Pacific Potash is pleased to announce that it has closed its previously announced 20,000,000 units at $0.105 for gross proceeds of $2,100,000. Each unit of the offering consisted of one common share of Pacific Potash and one common share purchase warrant. Each warrant entitles the holder to purchase one share at a price of 13 cents for a period of 30 months following the closing date of the offering.
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/19/13 -- Pacific Potash Corporation (TSX VENTURE: PP)(OTCQX: PPOTF)(FRANKFURT: P9P) ("Pacific Potash", "the Company") and CapitalAsia Investment Holdings Group ("CapitalAsia Group") are pleased to announce the signing of a non-binding Memorandum of Understanding ("Memorandum"). The Memorandum sets out the initial terms and conditions for entering into a formal off-take [...]
Pacific Potash is pleased to announce that on May 31st 2013 the Company's shareholders gave 100% approval to Sino-Canada Natural Resources Fund to become a control group. Pacific Potash has also closed its previously announced 20,000,000 units at $0.10 for gross proceeds of $2,000,000. Sino-Canada Fund participated in the $0.10 per unit private placement, subscribing for an additional 13,000,000 units.
Pacific Potash is pleased to announce that the Company has completed, subject to regulatory approval, a non-brokered private placement (the Offering) pursuant to which a total of 20,000,000 units have been subscribed for at a price of CDN$ 0.105 per unit for gross proceeds of CDN$2,100,000. Finder fees as permissible by Exchange policies will be paid.
Pacific Potash is pleased to announce Andre Costa M.Sc., P.Geo. has been appointed as President and CEO of the Company. Mr. Costa is a professional geologist with over 18 years of experience working in Canada and Brazil. Mr. Costa has worked for the Saskatchewan Geological Survey, provided project management in uranium and diamond exploration, and most recently was the chief geologist for Brazil Potash a private company [...]
Owning a potash mine in Brazil is like controlling a water-well in the middle of the Sahara Desert. Brazil is the world’s third-largest consumer of potash. In 2012 it imported 7.5 million tonnes of potash – about 90% of its total consumption. The country has a single operating potash mine operated by Vale
Brazil’s agricultural revolution has continued to roll onward. As the rapidly rising BRIC country ramps up its export output, so too does it increase its demands for fertilizer feedstock, as it currently sits as the third largest importer of potash (KCl) in the world. It is through this realization that it seems that a revolution is taking place domestically within Brazil in order to keep its own costs down [...]
Pacific Potash is pleased to announce that the Company has completed, subject to regulatory approval, a non-brokered private placement (the Offering) pursuant to which a total of 20,000,000 units have been subscribed for at a price of CDN$ 0.10 per unit for gross proceeds of CDN$2,000,000. Finder fees as permissible by Exchange policies will be paid. The Company intends to use the net proceeds of the Offering on [...]