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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Post by str8tgoodson May 18, 2010 9:59am

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Post# 17108818

Historic Avg Grade of 20.8% KCI

We'll soon know how Alllan's drill cores measure up to the historic grade on their property. Anywhere near 20% at these shallow depths and Allan's share price should breach $1.00 rather easily.

Allana has completed a NI 43-101 compliant technical report for the three concessions.

The technical report highlighted several unique advantages of this project:

• Strategic investment from and off-take agreement with a Chinese mining group

• An inferred mineral resource of 105,200,000 tonnes of potash mineralization (Sylvite

and Kainite) with a composite grade of 20.8% KCl

• Near-surface (shallow-depth) potash mineralization (within 50 meters of surface)

• Potential for solution or open-pit potash mining

• 16 drill holes immediately on Allana’s property

• Unique environment that may provide for low-cost production utilizing solar evaporation

and geothermal power

• MOP (muriate of potash) and SOP (sulphate of potash) production are both feasible

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