RE: Results are BAD: Give your head a shakeYou don't know what you are talking about by saying results are bad. Which results are you talking about?
Wait when PP closes on March 23rd and AAA starts drilling and you will run for cover when AAA shoots up (see below).
No Fear and No Worry.
I ain't selling my shares under $1.02.
AAA = $$$$$$$$$$$$$$$ suddenly in 2010.
Go AAA.
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Allana Potash Announces Upsizing of Private Placement
Wednesday, March 03, 2010
TORONTO, ONTARIO--(Marketwire - March 3, 2010) -
NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES
Allana Potash Corp. (TSX VENTURE:AAA) ("Allana" or "the Company"),is pleased to announce that in order to satisfy additional demand ithas increased the size of its private placement, previously announcedon March 2, 2010 (the "Offering"), to 14,442,500 units of the company(the "Units") at a price of
.40 per Unit for gross proceeds of$5,777,000, on a private placement basis. Each Unit shall consist ofone common share of the Company (a "Common Share") and one-half of oneCommon Share purchase warrant of the Company (each whole warrant, a"Warrant"). Each Warrant will be exercisable to purchase one CommonShare of the Company for a period of 18 months from issuance at a priceof
.50.
The Offering is being placed by a syndicate of agents led byWellington West Capital Markets Inc. and Dundee Securities Corporation,and including Loewen, Ondaatje, McCutcheon Limited.
Closing of the Offering is anticipated to occur on or about March23, 2010 and is subject to the receipt of applicable regulatoryapprovals including approval of the TSX Venture Exchange.