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First Tidal Acquisition Corp T.AAA


Primary Symbol: V.AAA.P

First Tidal Acquisition Corp. is a Canada-based capital pool company. The Company is formed for the purpose of identification and evaluation of assets or businesses with a view to completing a qualifying transaction. The Company has not commenced any operations nor generated any revenue.


TSXV:AAA.P - Post by User

Comment by sbergieon Sep 19, 2012 10:28pm
260 Views
Post# 20388850

RE: Interesting: Allana - Djibouti - China

RE: Interesting: Allana - Djibouti - China

English Version..

 

The APZF sign a Memorandum of Understanding with Allana Potash Corp., a Canadian company specializing in mining potash

The President of the Ports Authority and Free Zones (APZF), Mr. Omar Hadi Aboubaker, yesterday signed a Memorandum of Understanding with Jack Scott, representative of Canadian society Allana Potash Corp, a group specializing in the operating potash mines. Agreement relates to the use of the future port of Tadjoura for the export of potash. The ore from mines in the region of Dallol, in Ethiopian territory, will be exported exclusively from Tadjoura, especially to China and India. director of the Port of Djibouti, Saad Omar Guelleh and the Director General the free zone have assisted signing of this MOU. M. Hadi and Dr. Jack Scott, representing Allana Potash Corp, have affixed their signatures to a document of several pages on a partnership between the Canadian group and APZF in exporting Ethiopian potash from the future port of Tadjoura. soon as the Memorandum of Understanding, a Chinese delegation arrives in APZF to participate in the following, that is to say, a projection commentary in English by the President of the APZF and explaining details how ore, mined from Dallol in Ethiopia, will be exported to China from the future port of Tadjoura. Asked whether they are not trying to rush things, as the port of Tadjoura n has not yet been built, Aboubaker Hadi answered: "The construction of the port of Tadjoura begin in late September or early October, there is no doubt about it." At first, one million tonnes of potash , a mineral used as a fertilizer, and are exported monthly to India and China, main applicants, from the port of Tadjoura. The Canadian group, already established there, near the lake Dallol, Afar region in of Ethiopia intends to move then to 5 million tons per month. "It will be possible once the project has been completed rail network," said Hadi Aboubaker. Society Canadian Allana Potash Corp., a publicly traded company, is described as a serious and reliable partner. And this MOU paves the way for a lasting partnership between our country and the Canadian group. Wearing Tadjourah whose work will begin in a few weeks, will be operational from 2014. Meanwhile, the phone never stops ringing with APZF, which is a good sign.
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