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Organic Potash Corp C.OPC

Alternate Symbol(s):  OPCGF

Organic Potash Corporation is a Canada-based company, which is engaged in the development of production of potassium carbonate produced from agricultural waste, namely cocoa husks in West Africa. The Company produces food grade potassium carbonate from organic waste materials using patented production technology. It has its production facility in Takoradi-Sekondi, Ghana and Ivory Coast. The Company's potassium carbonate is used in multiple industries, including food, manufacturing (potassium carbonate is found in numerous consumer and industrial products), and pharmaceuticals. The Company’s subsidiary is GC Purchasing Ltd.


CSE:OPC - Post by User

Bullboard Posts
Post by Thechaseron Jun 30, 2009 11:04am
587 Views
Post# 16108475

Very Interesting!!

Very Interesting!!Pursuant to the terms of the Offering, OPTI has agreed to grant the Underwriters an over-allotment option to purchase up to an additional 12,858,000 Common Shares, exercisable at any time, in whole or in part, up to 30 days from the closing of the Offering. If the over-allotment option is exercised in full, a total of 98,578,000 Common Shares will be sold under the Offering for total gross proceeds of approximately $173 million. Upon closing of the Offering, and not including Common Shares issuable pursuant to the over-allotment option, the Company will have 281,749,526 Common Shares (288,876,042 Common Shares on a fully diluted basis) issued and outstanding.
Bullboard Posts