Allana Resources Inc. (TSX VENTURE:AAA) announced that the company has awarded a drilling contract to Emerson Moore Drilling Ltd. for its Ethiopian Potash Project. The press release is quoted as saying: Allana is a publicly traded corporation with a focus on the acquisition and development of potash assets internationally with its major focus on a [...]
Continue reading "Allana Resources update on Ethiopian Potash Project"
Tuesday, November 10, 2009
Allana Resources Inc. (TSX VENTURE:AAA) today reported that Dundee Capital Markets has initiated analyst coverage of Allana. The press release is quoted as saying: Allana’s Ethiopia Potash Project is comprised of three mineral concessions totaling approximately 150 square kilometers in Ethiopia’s northeastern Danakil Depression, one of the largest evaporite basins in the world. Click here [...]
Continue reading "Dundee Capital Initiates Analyst Coverage on Allana"
Monday, November 9, 2009
Allana Resources Inc. (TSX VENTURE:AAA)today announced that the Company has completed its previously announced Strategic Investment with China Minerals United Management Ltd. (dated November 4, 2009). This was completed by way of private placement financing of Common Shares of the Corporation for gross proceeds of $2,000,000 million through the issuance of 8,000,000 Common Shares at [...]
Continue reading "Allana Resources reports Strategic Investment"
Thursday, November 5, 2009
Allana Resources Inc. (TSX VENTURE:AAA) today reported that Loewen, Ondaatje, McCutcheon Inc. has initiated analyst coverage of Allana. The press release is quoted as saying: Allana’s Ethiopia Potash Project is comprised of three mineral concessions totaling approximately 150 square kilometers in Ethiopia’s northeastern Danakil Depression, one of the largest evaporite basins in the world. Click [...]
Continue reading "Allana Resources initiated analyst coverage"
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 [...]
Continue reading "Allana Resources take on Ethiopian Potash Project"
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 [...]
Continue reading "Allana Starts Construction"
Friday, May 29, 2009
Allana Resources (CVE:AAA) announced that they have raised $2,542,149.90 million through the issuance of 18,830,740 units at a price of $0.135 per unit. Each unit also included a full warrant at $0.20.Company reports that proceeds will be used for ongoing exploration of Ethiopian Potash projects. Click here for the full press release.
Continue reading "ALLANA CLOSES $2.5 MILLION FINANCING"
Wednesday, April 15, 2009
Allana is a publicly traded corporation with a focus on the acquisition and development of potash assets internationally with its major focus on a previously explored potash property in Ethiopia. Allana controls 160 km² of the Danakhil Depression at Dallol, the site of extensive historic potash exploration.
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Tuesday, December 1, 2009