Potash

Allana Potash Corp. (TSX VENTURE:AAA) reported that Cormark Securities Inc. has initiated analyst coverage of Allana.

MagIndustries Corp. (TSX:MAA) reported that pursuant to its stock option plan and subject to approval of the TSX, the Company has granted a total of 6,625,000 incentive stock options to 22 directors, officers and employees of the Company and its subsidiaries on April 17, 2010.

Talon Metals Corp., (TSX: TLO) reported that Ercosplan Ingenieurgesellschaft Geotechnik und Bergbau mbH has completed a Status Report commissioned by Talon on its Sergipe Potash Project in Brazil.

Sirius Exploration Plc (AIM: SXX, OTC: SRUXY), the diversified mining and exploration holding company focused on potash and salt deposits in North America and Australia, reported the signing of Master Service Agreements with Boyd Exploration Consultants Ltd and North Rim Exploration Ltd in relation to its properties in North Dakota.

Western Potash Corp. (DE:AHE) reported that AMEC Americas Limited, a TSX publicly traded, international supplier of high-value consultancy, engineering and project management services with an office in Saskatoon, Saskatchewan has been engaged and has initiated a preliminary economic assessment of the Milestone Potash Project.

MagIndustries Corp. (TSX:MAA) reported the appointment of Mr. Rich Morrow as Chief Financial Officer.

Channel Resources Ltd. (TSX VENTURE:CHU) reported a private placement of up to 5,000,000 units at a price of CDN$0.07 per Unit for gross proceeds of up to $350,000.

Colonnade Capital Corp. (TSX VENTURE:COO.P) reported that the company intends to complete a non-brokered private placement offering to raise proceeds of a minimum of $550,000 in connection with its proposed “qualifying transaction” under the policies of the TSX Venture Exchange.