First Tidal Acquisition Corp T.AAA

AAA moving foreward

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Investor Cubed is pleased to forward an article featured on livemint.com on behalf of Allana Potash Corp. (TSX: AAA).Livemint.com, is the premier online site for business journalism in India, and provides content to the Wall Street Journal. The article highlights the following:

• The Indian government plans to help local companies buy as much as 10% in Canadian potash firms to secure supplies of the key fertilizer.

• The fertilizer ministry official, who declined to be identified, said that these companies included Karnalyte Resources Inc., Western Potash Corp., Allana Potash Corp. and Encanto Potash Corp.

• P.S. Gahlaut, managing director of Indian Potash, said his company was in talks with Allana Potash.

  • "We are certainly talking to them, and are confident of striking a deal. The government is playing a facilitator" - P.S. Gahlaut, Indian Potash
• At an annual import of about 5-6 million tonnes (mt), India is the single largest potash importer and controls nearly half the total world potash trade of 10 mt. Only 5% of the country's potash consumption is met locally, making the country almost entirely dependent on imports