TSXV:AAA.P - Post by User
Post by
Fertimanon Jan 29, 2015 10:22am
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Post# 23376691
Proposals from diversified industrial organizations to fund
Proposals from diversified industrial organizations to fund Allana has been approached by large industrial groups that want to cooperate in the development of the project
MOP
– Proposals from diversified industrial organizations to fund and build the MOP production
facilities jointly
– General framework is to provide significant funding, provide full construction services
including construction completion and performance guarantees
– Allana is currently in negotiations with these parties and the full due diligence process is
underway
SOP
– Proposals from fertilizer groups to cooperate on the SOP production process development
including full feasibility study, enter into an off-take agreement pending the results of the
PEA, provide separate funding for SOP development.
– Allana is also working on various financing options for the SOP project development
including potential establishment of a subsidiary that will be funded separately from Allana
Potash Corp and focus exclusively on SOP development.