TSXV:AAA.P - Post by User
Comment by
sbergieon Dec 11, 2009 9:50am
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RE: RE: Danakil depression
RE: RE: Danakil depressionI guess the Chinese also like Ethiopia potash and have put there money were there mouth is.
Haed to bash this
Nov 09, 2009
Allana Resources Announces Closing Of $2.0 Million Strategic Investment
Toronto,Ontario, November 9, 2009 -- Allana Resources Inc. (TSX-V: AAA)("Allana" or the "Company"), is pleased to announce that the Companyhas completed its previously
announced Strategic Investment with ChinaMinerals United Management Ltd. (see News Release dated November 4,2009) by way of private placement financing of Common Shares of theCorporation for gross proceeds of $2,000,000 million through theissuance of 8,000,000 Common Shares at a price of
.25 per CommonShare (the "Offering Price").The net proceeds of the financing will be used to fund exploration anddevelopment of Allana's potash project in Ethiopia and for generalcorporate and working capital purposes.
Good luck to all