Investor Cubed is pleased to forward an article from Bloomberg News regarding a large Ethiopian Rail deal and its positive implications for Allana Potash Corp. (TSX: AAA). Highlights from the article include:
The Ethiopian Government & China Communications Construction signed a $1.5 billion deal on Friday to build a railway that will be used to transport potash to a port in neighbouring Djibouti.China Communications Construction Co. (CCCC), a Chinese government-owned transportation infrastructure company, will be "mobilizing substantial resources to guarantee completion of the project," - CCCC's vice president, Zhou Yongheng.The railway link is expected to be completed by July 2015.
To read the full article please click here.
If you have any questions or would like to meet with Allana's management team, please contact Investor Cubed at 647 258 3311 or info@investor3.ca.
|
About Allana Potash Corp.
Allana Potash is a Canadian publicly traded corporation with a focus on the international acquisition and development of potash assets. The Company is currently developing a previously explored potash property in Ethiopia, the Dallol Potash Project. Allana has secured financial support from two significant strategic investors: IFC, a member of the World Bank Group, and Liberty Metals and Mining Holdings, LLC, a subsidiary of Liberty Mutual Group.
|
