Encanto Potash Corp V.EPO.H

Press coverage

[Alpha101]

It seems pretty clear to me that this is an interest bearing loan rather that a stock for cash deal.  And it appears it is completed, signed and probably delivered!

In April, Encanto announced it had closed a $70-million deal with the investment bank Taylor-DeJongh to finance Encanto’s development phase activities. The money will be used to sustain the company as it goes forward with engineering plans, raising capital and assembling a management team. When asked if he thought there is a connection between concluding FNCIDA and the cash injection, Daskos said “of course it helped,” but added that “it’s not the only factor.”

https://magazine.cim.org/en/news/2017/indigenous-industry/