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From: Proud Deplorable	6/27/2008 2:32:25 PM
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Russia's Acron Buys Canadian Potash Producer for C$61 Million By Yuriy Humber June 27 (Bloomberg) -- OAO Acron, Russia's third-largest producer of nitrogen-based fertilizers, bought 98 percent of Canadian potash exploration company Saskatchewan Ltd. as it seeks to increase access to raw materials. The Veliky Novgorod, central Russia-based company paid C$61 million ($60 million) for Saskatchewan, which holds 36 licenses to explore for the fertilizer ingredient in a 10,274 square- kilometer (3,967 square-mile) area, Acron said yesterday in an e-mailed statement. Acron, which combines potash with minerals such as nitrogen and phosphate to make complex fertilizers, estimates that nine of the licenses hold about 5 million metric tons of potassium oxide, a form of potash

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