Passport Potash Announces $12,500,000 Non-brokered Fully Subscribed Private Financing
Passport Potash (TSXV:PPI,OTCQX:PPRTF) reported that it has arranged a non-brokered fully subscribed private placement for 69,444,444 Units at a price of $0.18.
Passport Potash (TSXV:PPI,OTCQX:PPRTF) reported that it has arranged a non-brokered fully subscribed private placement for 69,444,444 Units at a price of $0.18.
Passport Potash (TSXV:PPI,OTCQX:PPRTF) announced an amendment to the purchase agreement with the Fitzgerald Trust Ranch.
Passport Potash (TSXV:PPI,OTCQX:PPRTF) entered into a Joint Exploration Agreement with the Hopi Tribe to explore the Hopi private land sections which are checker-boarded with Passport's southern landholdings.
Passport Potash, Inc. (TSXV:PPI,OTCQX:PPRTF) has entered into an agreement with HNZ Potash, LLC to jointly explore and potentially develop twenty-one permitted parcels: Passport holds Arizona State Land Department exploration permits and which are located on the southernmost area of its landholdings.
Passport Potash, Inc. (TSXV:PPI,OTCQX:PPRTF) announced that all 4 additional holes of its 2012 Drill Campaign intercepted strong potash mineralization and the results will be included in the updated resource estimate.
Passport Potash Inc. (CVE:PPI) reports that it has signed a letter of intent to acquire the Fitzgerald Ranch which lies directly adjacent to the company's Twin Buttes Ranch.
Potash has risen from relative obscurity, to one of the most talked about commodities in the global market, thanks to its application as a fertilizer. As the world’s population increases, and the amount of arable land shrinks, the necessity to get the most food production from a finite land base has resulted in a skyrocketing interest, and demand for potash.
Passport Potash, Inc. (CVE:PPI) reports results from two core holes that have intersected significant potash deposits at relatively shallow depths in the Holbrook evaporite basin.
Passport Potash Inc. (CVE:PPI) announced an update to activities at the Holbrook Basin and the completion of four core drilling holes.
Potash is primarily used as a fertilizer, and with a ballooning global population and shrinking arable land, demand for fertilizers such as potash is poised to increase. Exploration and discovery of new deposits is crucial in meeting future potash demand.
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