Allana Potash Corp. Attends PDAC at Booth 2542
marketwire.com
TORONTO, ONTARIO--(Marketwire - Feb. 29, 2012) - Allana Potash Corp. (TSX:AAA) ("Allana" or the "Company"), is pleased to announce that it will be attending the PDAC at the Investors Exchange, Booth 2542. In the PDAC Booth Assignments this location is allocated to Pitchblack Resources Ltd.; however this year it will be occupied by Allana Potash Corp.
Allana encourages its shareholders and all interested parties to come by the booth and discuss Allana's potash project in Ethiopia with its senior management.
Exhibition Hours:
Sunday March 4th - 10am - 5:30pm
Monday March 5th - 10am - 5:30pm
Tuesday March 6th - 10am - 5:30pm
Wednesday March 7th - 9am - Noon
Location:
Allana Potash Corp. - Booth 2542
Metro Toronto Convention Centre-South Building
800 Level
About Allana Potash Corp.
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 has secured financial support from two significant strategic investors: IFC, a member of World Bank Group, and Liberty Metals and Mining, a member of Liberty Mutual Group. Allana has Measured and Indicated Sylvinite Resources of 97.8 Million Tonnes of 30.0% KCl; Inferred Sylvinite Resource of 108.3 Million tonnes grading 31.3% KCl; Measured and Indicated Kainitite Resources of 284.2 Million tonnes at 19.8% KCl, Inferred Kainitite Resource of 271.2 Million Tonnes of 20.3% KCl; Measured and Indicated Upper Carnallitite Resources of 78.5 Million Tonnes grading 18.4% KCl, Inferred Upper Carnallitite Resource of 85.6 Million Tonnes of 17.1% KCl; Measured and Indicated Lower Carnallitite Resources of 212.6 Million Tonnes of 12.0% KCl, Inferred Lower Carnallitite Resource of 130.7 Million Tonnes grading 11.7% KCl. The foregoing mineral resource estimates are as at June 13, 2011 and are set out in the Company's NI 43-101 compliant Technical Report entitled "Resource Report for the Danakhil Potash Deposit, Afar State/Ethiopia" dated June 24, 2011 filed on SEDAR. Allana has approximately 222,607,557 million shares outstanding and trades on the Toronto Stock Exchange under the symbol "AAA".
Peter J. MacLean, Ph.D., P. Geo., Allana's Senior VP Exploration, is a Qualified Person as defined under National Instrument 43-101 and has reviewed and approved the technical information presented in this release. |
