First Tidal Acquisition Corp T.AAA

RE:RE:So.................

[oceaneleven]

and one more thingy....when you re-read the deal, it's alomst like we have 2 deals....pay attention...
Notice how they talk about "SPA", jump to an off take with subsidiary of ICL and then jump back to the ICL deal itself....so if someone were to buy-out the company does this mean the subsidiary of ICL still gets 80% minimum of up to 1mtpa of product ???

Toronto, Ontario, February 12, 2014-- Allana Potash Corp. (TSX: AAA) (“Allana” or the "Company") announces that it has secured a strategic alliance with ICL, one of the world’s largest fertilizer producers, pursuant to which a wholly-owned subsidiary of ICL has entered into a definitive share purchase agreement (the “SPA”) with Allana for an aggregate investment of $25 million in units of the Company (“Units”) at a price of $0.47 per unit on a private placement basis (the “Offering”) with the potential for a total investment of up to $84 million upon full exercise of the warrants comprising part of the Units. In addition, a wholly-owned subsidiary of ICL has entered into an offtake agreement (the “Offtake Agreement”) with respect to the Company’s Danakhil potash project in Ethiopia (the “Project”). The terms of the SPA also include the provision of technical assistance resources by ICL for the development and operation of the Project. The Unit issue price of $0.47 was determined at a 35% premium to the five day volume weighted average of Allana’s market price on the TSX, and at a 45% premium to Allana’s closing market price on the TSX, as of December 3, 2013, the date on which Allana and ICL commenced exclusive negotiations with respect to this transaction.
Read more at https://www.stockhouse.com/news/press-releases/2014/02/12/allana-potash-announces-strategic-alliance-with-ic1#KyQkKIBjcfp9sF70.99