First Tidal Acquisition Corp T.AAA

Primary Symbol: V.AAA.P

First Tidal Acquisition Corp. is a Canada-based capital pool company. The Company's principal business is the identification and evaluation of a qualifying transaction and once identified or evaluated, to negotiate an acquisition or participation in a business subject to receipt of shareholder approval, if required, and acceptance by regulatory authorities. The Company has not generated revenues from operations.

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First Tidal Acquisition Corp

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Comment by martin81on Nov 14, 2009 7:07pm

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Post# 16487608

RE: Financing critical

Allana remains strategically positioned to freely continue discussions with any strategic counterparty, including ChinaCo. (see Stockwatch news dated July 20, 2009, and Sept. 15, 2009), and can pursue other mutually beneficial transactions.

We could see another big player step up and provide further financing for the project, or we could see a buyout bid. Who really knows at this point. As I stated in a prior post, if AAA were to strike 2 more identical deals as their last one with China Mineral United Management Ltd, AAA would receive 40% of production revenues without having to spend a single cent on construction costs. They currently have over $4 Million in the bank for project exploration (hopefully they can significantly expand the deposit). AAA looks good at this point.

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