SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (150082)6/5/2023 7:39:10 PM
From: Goose94Read Replies (1) | Respond to of 203329
 
American Potash (KCL-Cse) Proposed Private Placement

June 5, 2023 - NR

American Potash Corp. has arranged a non-brokered private placement of up to 20 million units at a price of five cents to raise gross proceeds of up to $1-million. Each unit will consist of one common share of the company and one-half of a common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at an exercise price of 10 cents for a period of three years following closing of the private placement.

The company may pay finders' fees in the amount of 6 per cent cash and issue finders' warrants equal to 6 per cent of the number of units placed by such finder on all or a portion of the private placement. The finders' warrants will have the same terms of the warrants forming part of the units.

The company intends to use the net proceeds of the private placement for exploration work and permitting on its properties, and for working capital. Completion of the private placement remains subject to the approval of the Canadian Securities Exchange.

On behalf of the Board of Directors

Jonathan George, President & CEO