Pinetree Capital Ltd. (TSX:PNP), announced today that the company acquired ownership of 6,000,000 common shares of Forum Uranium Corp. and 3,000,000 common share purchase warrants on October 28, 2009. The press release is quoted as saying: Pinetree is a diversified investment and merchant banking firm focused on the small cap market. Pinetree’s investments are primarily [...]
Read the full article: "Pinetree Capital acquires shares of Forum..."
Wednesday, October 28, 2009
Allana Resources Inc. (TSX VENTURE:AAA) today announce that the company has received multiple unsolicited offers from various strategic counterparties to participate in its potash project located in the Danakil Depression in northeastern Ethiopia. The press release is quoted as saying: Allana is a publicly traded corporation with a focus on the acquisition and development of [...]
Read the full article: "Allana Resources take on Ethiopian Potash..."
Friday, October 23, 2009
Pinetree Capital Ltd. (TSX:PNP), announced today that on October 21, 2009, the company has acquired ownership of 2,550,100 common shares of U308 Corp. This holdings represent 11.1% (approx) of the total issued and outstanding common shares of U308 as of October 21, 2009. The press release is quoted as saying: Pinetree’s investments are primarily in [...]
Read the full article: "Pinetree Capital Acquires Securities of U308..."
Friday, October 23, 2009
Agrium Inc. (TSX:AGU) announced today that the company expects third quarter 2009 earnings to be 90 to 95 percent below last year’s third quarter results. The reduction is due to significantly lower prices and margins for all three crop nutrients, and particularly for phosphate and potash. The press release is quoted as saying: Agrium Inc. [...]
Read the full article: "Agrium announces Market Update"
Friday, October 23, 2009
By Kishori Krishnan Exclusive To Potash Investing News The global fertilizer industry looks to the world’s biggest potash producer for guidance, but with Potash Corp of Saskatchewan Inc turning up disappointing figures on Thursday, attention has turned to the continuing caution among buyers around the world. The world’s largest mining company, BHP Billiton Ltd (BHP:AX), [...]
Read the full article: "China In Race To Corner Canada’s..."
Tuesday, October 20, 2009
Brazil Potash Corp. reports that the company has finished a private placement financing for gross proceeds of US$25,000,000, at a price of US$1.00 per common share. The press release is quoted as saying: Proceeds from the Offering will be deployed to establish a potash resource at the Company’s extensive property in the State of Amazonas, [...]
Read the full article: "Brazil Potash Corp. reports Closing of..."
Tuesday, October 20, 2009
Atacama Minerals Corp. (TSX VENTURE:AAM) today announced that the company has been granted all the requisite governmental permits to commence drilling on its Salvador Potash Project. This site is located near the city of Salvador, Bahia, on the northeastern coast of Brazil. The press release is quoted as saying: The Salvador Potash Project is located [...]
Read the full article: "Atacama granted Drill Permits for Salvador..."
Tuesday, October 6, 2009
Allana Resources (TSX-V:AAA) has just announced that it has commissioned construction of an all-season facility at its Ethiopia Potash project. The housing will accommodate up to 20 people and will include dormitories, a kitchen and water purification equipment. Allana’s President and CEO Farhad Abasov is quoted as saying: Allana is excited to take this first step [...]
Read the full article: "Allana Starts Construction"
Tuesday, October 6, 2009
By Kishori Krishnan Exclusive To Potash Investing News When it comes to resource revenues, forget ‘black gold.’ That’s so 2008. This fiscal year, the hot new colour is pink – as in potash. And who better to don it than several North American suppliers. The stock price in major potash groups have risen in recent [...]
Read the full article: "Potash Corp: Target Or Acquirer?"
Monday, October 5, 2009
Potash One (TSX:KCL) announced today that it has started a feasibility study on the Legacy potash project in Saskatchewan. The study will be completed by SNC-Lavalin Inc. and expected to be completed by mid 2010. Paul F. Matysek, President and CEO of Potash One is quoted as saying: The initiation of our Feasibility Study is [...]
Read the full article: "Potash One Initiates Feasibility Study"
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Thursday, October 29, 2009